terms of trade

listen to the pronunciation of terms of trade
English - Turkish
(Ticaret) dış ticaret hadleri
ticaret hadleri
ticarat hadleri
(Hukuk) ticaret koşulları

Related Terms

TOT
(Askeri) hedefte bulunma zamanı (time on target)
English - English
(Ekonomi) TOT
(plural noun) The ratio of an index of a country's export prices to an index of its import prices
Relationship between the prices at which a country sells its exports and the prices paid for its imports. If a country's export prices rise relative to import prices, its terms of trade are said to have moved in a favourable direction, since, in effect, it now receives more imports for each unit of goods exported. The terms of trade, which depend on the world supply of and demand for the goods involved, indicate how the gains from international trade will be distributed among trading countries. An abrupt change in a country's terms of trade (e.g., a drastic fall in the price of its main export) can cause serious problems in its balance of payments. See also comparative advantage
{i} prices of products exported from a country compared to the price of goods imported
terms of trade

    Turkish pronunciation

    tırmz ıv treyd

    Pronunciation

    /ˈtərmz əv ˈtrād/ /ˈtɜrmz əv ˈtreɪd/

    Etymology

    [ 't&rm ] (noun.) 13th century. Middle English terme boundary, end, from Old French, from Latin terminus; akin to Greek termOn boundary, end, Sanskrit tarman top of a post.
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