Which of the following best describes the term 'import cover', sometimes seen in the news?

1. The term 'import cover' refers to the number of months a country can finance its imports using its existing international reserves (primarily foreign exchange reserves). 2. It is a key indicator of a country's economic stability and its ability to meet its external payment obligations. A higher import cover generally suggests a stronger buffer against external shocks. 3. Option (D) accurately defines this: "It is the number of months of imports that could be paid for by a country's international reserves". 4. Option (A) describes the import-to-GDP ratio. 5. Option (B) refers to the total value of imports. 6. Option (C) describes the terms of trade or a component of the balance of trade between two countries.