Search Results related to what is terms of trade on Search Engine
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Terms of Trade (TOT): Definition, Use as Indicator, and Factors
https://www.investopedia.com/terms/t/terms-of-trade.asp
Terms of trade (TOT) represent the ratio between a country's export prices and its importprices. TOT indexes are defined as the value of a country's total exports minus total imports. The ratio is calculated by dividing the price of the exports b… See more
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Terms Of Trade Definition & Examples - Quickonomics
https://quickonomics.com/terms/terms-of-trade/
WEBMar 22, 2024 · Terms of Trade (ToT) refer to the ratio between the prices at which a country exports goods and services …
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Terms of trade - Wikipedia
https://en.m.wikipedia.org/wiki/Terms_of_trade
The terms of trade (TOT) is the relative price of exports in terms of imports and is defined as the ratio of export prices to import prices. It can be interpreted as the amount of import goods an economy can purchase per unit of export goods. An improvement of a nation's terms of trade benefits that country in the sense that it can buy more imports for any given level of expor…
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