1."Most Asia-Pacific economies are oil importers and therefore the decline in oil prices is equivalent to a kind of income gain for them and the impact depends on whether they save or spend the income gain."
equivalent to 等于,相当于;与…等值
Eight kilometres is roughly equivalent to five miles.
八公里约等于五英里 。
Changing her job like that is equivalent to giving her the sack.
那样调换她的工作等于是解雇她 。