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terms of trade

plural noun

  1. economics the ratio of export prices to import prices. It measures a nation's trading position, which improves when export prices rise faster or fall slower than import prices
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

"This is very positive in terms of trade, education, culture, tourism, all of those other links that that are really important," he added.

From BBC

If severe pressure is kept in place by a hold, it generates self-reinforcing dynamics, such as rapid rises in local food prices, declines in wages and asset prices and a resulting deterioration of terms of trade.

From Salon

Nigeria harbors Africa’s largest crypto economy in terms of trade volume with many citizens using crypto to hedge their finances against surging inflation and the declining local currency.

There have previously been complaints about the terms of trade, with suggestions that the former colonial power exploits nations like Niger.

From BBC

He added, “I think with Trump, risks are higher in terms of trade and geopolitical instability.”

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