terms of trade
A1A2B1B2C1C2
/tɜrmz əv treɪd/
/tɜːmz əv treɪd/
GeneralBusiness
- 1 dış ticaret hadleri
- 2 ortalama ihracat fiyatının ortalama ithalat fiyatına bölünmesiyle bulunan oran
Definition (English)
- The ratio of a country's export prices to its import prices, indicating its trading power.
- The average price of exports divided by the average price of imports, showing the terms on which goods are exchanged.
Example Sentences
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The country's terms of trade improved.Ülkenin dış ticaret hadleri iyileşti.
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Fluctuations in terms of trade affect the economy.Dış ticaret hadlerindeki dalgalanmalar ekonomiyi etkiler.