Trade Tags

• Trade as % of GDP
• Trade Balance

Terms of Trade

: 14

"Terms of Trade" refer to the ratio at which a country can exchange its exports for imports, reflecting the relative value of its exports compared to its imports in international trade.

References

• Terms of Trade
• Deardorff, Alan V. "What Do We (And Others) Mean by'The Terms of Trade'?." Research Seminar in International Economics, University of Michigan at Ann Arbor, Discussion paper. No. 651. 2016.
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