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terms of trade |
Also found in: Financial, Acronyms, Wikipedia, Hutchinson | 0.02 sec. |
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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 How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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