terms of trade

Noun

Meaning

terms of trade pl (plural only)

(economics) Relative price of exports in terms of imports, defined as the ratio of weighted average export prices to weighted average import prices.

Source: en.wiktionary.org

Examples

Dubai's world class physical infrastructure has already established it as a major player in terms of trade tourism and as the leading conference and exhibition venue in this part of the world. Abdul Aziz Al Ghurair

Alibak further stressed on the need to have a joint commission between the two countries as Nigeria is one of the best country in Africa in terms of trade with Iran. Source: Internet

MR STEVENS: Well, I think I would maintain – not having a preview of what's in it, but it's to be assumed, I guess, that mainly with the terms of trade being weaker, that's going to affect revenue projections. Source: Internet

This means it faces terms of trade shocks requiring monetary policy responses that will be unfavourable for the other member countries. Source: Internet

Odom is probably the best comparison in terms of trade value. Source: Internet

Our relationship with India is strengthening – not just politically but also in terms of trade. Source: Internet

Close letter words and terms

terms and conditions terms of reference terms of service terms of use termtime termwise