Transferability (economics)

Transferability refers to the costs involved in moving goods from one place to another.[1] These include the costs of transportation, the costs of making the goods compliant with the regulations of the shipping destination, and the costs associated with tariffs or duties.

${\displaystyle transferability={\frac {constant}{transportation+regulations+tariffs}}}$

References

1. Marsh, Meredith; Alagona, Peter (2014). AP Human Geography (5th ed.). Barron's Educational Series. p. 22. ISBN 9781438092607.