Banglaseh is heavily dependent on imports. Share of her imports to GDP is about 14% on average over a period of 15 years from 1972 to 1986, the lowest being 8.6% in 1974 and the highest being 18.4% in 1986 as revealed in Table-1. It indicates a high degree of openness of the economy and a high average propensity to import. But since the current economic crisis caused by the sharp increase in the import prices of most of the LDCs has some adverse effects to their economies, the UN General Assembly has listed the Least Developed Bangladesh as one of the Most Seriously Affected Countries (MSA) of the world.
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