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单词 terms of trade
释义

terms of trade

Definition
Not the contractual conditions of sale between a buyer and a seller, but the quantity of foreign goods and services (imports) that a country can purchase from the proceeds of the sale of its goods and services (exports) of a given quantity. It is a measure of a country's trading clout and is expressed as the ratio of an index of export prices to an index of import prices. Terms of trade of a country improve when the prices of its exports rise in comparison with the prices of its imports, vice versa.

Use 'terms of trade' in a Sentence

You need to always know what the terms of trade are so that you can make sure to fully honor them.
Our terms of trade could get better, we just need to work on our pricing range, but our counter part may need to lower theirs a bit, too.
The terms of trade were set between the two countries and things continued to flow smoothly over the next few days.
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更新时间:2025/2/2 16:15:11