Definitions from Wiktionary (terms of trade)
▸ noun: (economics) Relative price of exports in terms of imports, defined as the ratio of weighted average export prices to weighted average import prices.
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▸ noun: (economics) Relative price of exports in terms of imports, defined as the ratio of weighted average export prices to weighted average import prices.
Similar:
balance of trade,
trade balance,
trade deficit,
foreign trade,
trade surplus,
trade deal,
rag trade,
Texas ratio,
fair trade,
bread trade,
more...
Opposite:
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