Definitions for "Terms of Trade"
Keywords:  export, favour, import, broadly, ratio
The ratio between export and import price indices.
The weighted average of a nation's export prices relative to its import prices.
The ratio of goods export prices to goods import prices. Measures the purchasing power of New Zealand's merchandise exports in terms of its merchandise imports
Theoretical spot ratecurve Tired
An indication of how much of one good will be exchanged for the unit of another good.