The meaning of TERMS OF TRADE is the ratio between the prices of two countries participating in international trade.
Define terms of trade. terms of trade synonyms, terms of trade pronunciation, terms of trade translation, English dictionary definition of terms of trade. pl n economics Brit the ratio of export prices to import prices. It measures a nation's trading pos
Terms of trade (TOT) represent the ratio between a country'sexportprices and itsimportprices. TOT indexes are defined as the value of a country's total exports minus total imports. The ratio is calculated by dividing the price of the exports by the price of the imports and multiplying the ...
Terms of. ENGAGEMENT" shall have the meaning ascribed to that term inSection 8.1hereof. Sample 1 Terms of. Trade” means ourterms of trade. Sample 1 Terms of. CII'SLICENSE TOAMIGAS Sample 1 Terms of. PROPOSALThe Bank of New York's finalacceptance of thisappointment issubject to thefull ...
Terms of trade definition can be simply described as the relationship between how much money a country pays for its imports and how much money it brings in from its exports. On the other hand, trade definition in economics refers to the deliberate or voluntary interchange of goods between two...
Define in terms. in terms synonyms, in terms pronunciation, in terms translation, English dictionary definition of in terms. n. 1. A limited or established period of time that something is supposed to last, as a school or court session, tenure in public
terms of trade See More Nearby Entries Cite this Entry Style “Terms of service.”Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/terms%20of%20service. Accessed 17 Feb. 2025. Copy Citation Share ...
Terms of Trade or Incoterms Incoterm Definition EXW FCA, FAS, FOB CFR, CIF, CPT, CIP DES, DEQ, DAF, DDU, DDP Electronic Data Interchange Using Incoterms for Strategic Advantage ? 2007 Thomson, a part of the Thomson Corporation. Thomson, the Star logo, and Atomic Dog are trademarks used...
The terms of trade refers to the amount of imports a given unit of exports will command in the international market; From: Handbook of Natural Resource and Energy Economics, 1993 About this pageSet alert Discover other topics On this page Definition Chapters and Articles Related Terms Recommended...
6.1DefinitionofTradeTerms ▪ThetradetermsrefertousingabriefEnglishconceptorabbreviationtoindicatetheformationoftheunitpriceanddeterminetheresponsibilities,expensesandrisksbornebytwopartiesaswellasthetimeandplaceofthepassingofthepropertyinthegoods.▪用来表达商品旳价格构成，拟定交易双方旳责任、费用、风险划分等问题...