terms of trade - определение. Что такое terms of trade
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Что (кто) такое terms of trade - определение

AMOUNT OF IMPORT GOODS AN ECONOMY CAN PURCHASE PER UNIT OF EXPORT GOODS
Terms of Trade; Export-to-import ratio
  • The terms of trade of Australia since 1959.  Note the effect of the resources boom from 2005.

Terms of Trade         
Terms of trade refers to the economic factors affecting a country's foreign trade in goods and services, such as dependency on foreign sourcing and relative competitiveness in production.
terms of trade         
¦ plural noun Economics the ratio of an index of a country's export prices to an index of its import prices.
Terms of trade         
The terms of trade (TOT) is the relative price of exports in terms of importsObstfeld, M., Rogoff, K.

Википедия

Terms of trade

The terms of trade (TOT) is the relative price of exports in terms of imports and is defined as the ratio of export prices to import prices. It can be interpreted as the amount of import goods an economy can purchase per unit of export goods.

An improvement of a nation's terms of trade benefits that country in the sense that it can buy more imports for any given level of exports. The terms of trade may be influenced by the exchange rate because a rise in the value of a country's currency lowers the domestic prices of its imports but may not directly affect the prices of the commodities it exports.

Примеры употребления для terms of trade
1. The terms of trade represent the prices of exports compared to the prices of imports.
2. The current account deficit, meanwhile, has proved persistent despite considerable improvement in the terms of trade.
3. Without protection, farmers‘ terms of trade with the rest of society will inevitably deteriorate.
4. A free–trade zone presupposes the liberalization of the terms of trade.
5. AGOA terms of trade build an important competitive advantage into a variety of African industries.