释义 |
terms of trade in British Englishplural noun British economics the ratio of export prices to import prices. It measures a nation's trading position, which improves when export prices rise faster or fall slower than import prices Examples of 'terms of trade' in a sentenceterms of trade The terms of trade are slowly shifting against their brand of victim culture.The terms of trade are thus set.Still, such are the terms of trade.The benefits in terms of trade, cultural understanding and security co-operation have been immense.Forget about tariffs, quotas and terms of trade, vital though they certainly are.Today the political terms of trade are reversing.Britain's biggest supermarket operator can change the terms of trade in retailing.Even establishing those terms of trade might not be straightforward.But we can change the terms of trade.Not everyone is happy about the terms of trade. |