commodity terms of trade

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

Definition of commodity terms of trade in English English dictionary

Terms of Trade
(Ekonomi) TOT
terms of trade
(plural noun) The ratio of an index of a country's export prices to an index of its import prices
terms of trade
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
terms of trade
{i} prices of products exported from a country compared to the price of goods imported
commodity terms of trade

    Hyphenation

    com·mo·di·ty terms of trade

    Turkish pronunciation

    kımädıti tırmz ıv treyd

    Pronunciation

    /kəˈmädətē ˈtərmz əv ˈtrād/ /kəˈmɑːdətiː ˈtɜrmz əv ˈtreɪd/
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