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Definition of terms of trade in English: terms of tradeplural noun Economics The ratio of an index of a country's export prices to an index of its import prices. Example sentencesExamples - The sources of the liquidity squeeze include poorer terms of trade with customers and suppliers and a less accommodating approach by banks.
- To be sure, there are substantial benefits to be derived in terms of trade, price transparency and economic efficiency from the embrace of a common currency union.
- The economic ratio, or terms of trade, becomes a diplomatic move unrelated to the laws of supply and demand.
- A ratio comparing export prices to import prices, the terms of trade is related to current accounts and the balance of payments.
- An upside of the export decrease is an increase in the terms of trade.
- But rising prices of agricultural inputs partially offset the effects of improved terms of trade on farmer incomes.
Definition of terms of trade in US English: terms of tradeplural noun Economics The ratio of an index of a country's export prices to an index of its import prices. Example sentencesExamples - But rising prices of agricultural inputs partially offset the effects of improved terms of trade on farmer incomes.
- To be sure, there are substantial benefits to be derived in terms of trade, price transparency and economic efficiency from the embrace of a common currency union.
- The sources of the liquidity squeeze include poorer terms of trade with customers and suppliers and a less accommodating approach by banks.
- The economic ratio, or terms of trade, becomes a diplomatic move unrelated to the laws of supply and demand.
- A ratio comparing export prices to import prices, the terms of trade is related to current accounts and the balance of payments.
- An upside of the export decrease is an increase in the terms of trade.
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