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terms of trade

   Also found in: Financial, Acronyms, Wikipedia 0.01 sec.
terms of trade
pl n
(Economics) Economics Brit the ratio of export prices to import prices. It measures a nation's trading position, which improves when export prices rise faster or fall slower than import prices


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He claimed: "We are talking ourselves into a state of despair about what will happen in terms of trade and the special relationship.
Even though Culture year proved a fillip in terms of trade, other factors such as rising costs and the closure for renovation of the Birmingham Crowne Plaza meant a previous profit of pounds 1.
Fairtrade ensures better prices and working conditions and fair terms of trade for farmers and workers in the developing world.
 
 
 
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