Which of the following best describes the term 'import cover', sometimes seen in the news?
1
It is the ratio of value of imports to the Gross Domestic Product of a country
2
It is the total value of imports of a country in a year
3
It is the ratio between the value of exports and that of imports between two countries
4
It is the number of months of imports that could be paid for by a country's international reserves
5
None of the Above