Which of the following best describes the term ‘import cover’, sometimes seen in the news?
a. It is the ratio of value of imports to the Gross Domestic Product of a country.
b. It is the total value of imports of a country in a year.
c. It is the ratio between the value of exports and that of imports between two countries.
d. It is the number of months of imports that could be paid for by a country’s international reserves