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Terms of trade
Relative price of exports in terms of imports, defined as the ratio of weighted average export prices to weighted average import prices.
📖 Definitions of "Terms of trade"
noun
- 1
Relative price of exports in terms of imports, defined as the ratio of weighted average export prices to weighted average import prices.
💡 Words with a Similar Meaning to "Terms of trade"
Found via reverse dictionary — words that share a conceptual meaning.
| Word | Definition |
|---|---|
| balance of tradenoun | (economics, trading) The difference between the monetary value of exports and imports in an economy over a certain period of time. |
| trade balancenoun | (economics) The balance of trade. |
| trade deficitnoun | (economics) A negative balance of trade. |
| foreign tradenoun | (business, trading) Trade that is conducted between a nation and other nations. |
| trade surplusnoun | (economics) A positive balance of trade. |
| trade dealnoun | (politics) An agreement between two or more countries, often in the form of a treaty, establishing the conditions under which products from each country may be exported to the other. |
| rag tradenoun | (informal) The fashion industry. |
| texas rationoun | (economics, finance) A measure of a bank's creditworthiness, equal to ratio of the bank's nonperforming assets (nonperforming loans plus other real estate owned) to the sum of its tangible equity capital plus loan-loss reserves. |
| fair tradenoun | (uncountable) A system of trading promoting more equitable global trade, especially to sellers and producers in poorer areas, but also to the environment. |
| bread tradenoun | Used other than figuratively or idiomatically: see bread, trade. |
| commodity diplomacynoun | (trading) Trade relation diplomacy concerning a commodity in international markets and international trade. |
| countertradenoun | (international trade) Exchange of goods or services that are paid for, in whole or part, with other goods or services. |
| switch tradingnoun | (economics) A form of countertrade by which one company sells to another its obligation to make a purchase in a given country. |
| tradingnoun | The carrying on of trade. |
| cross-tradenoun | Trade between foreign ports. |
| commercenoun | (business) The exchange or buying and selling of commodities; especially the exchange of merchandise, on a large scale, between different places or communities; extended trade or traffic. |
| transfer earningsnoun | (economics) The amount that a factor of production must be paid in order to prevent it from transferring to an alternative use. |
| exchange valuenoun | (economics, especially Marxism) The proportion at which a commodity can be exchanged for other commodities. |
| exportationnoun | (business, economics) The act of exporting; the act of conveying or sending commodities abroad or to another country, in the course of commerce. |
| trade testnoun | A test given to determine the examinee's proficiency in a given trade or occupation. |
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