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terms of trade

British  

plural noun

  1. economics 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

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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How much this boosts imports will become clearer in the coming months, says Singh, though he sees momentum building ahead of the new terms of trade taking effect.

From BBC Jul. 14, 2026

“The rise in oil price will likely deteriorate the terms of trade for many of the Asian economies,” Lui says.

From Barron's Apr. 2, 2026

“While the terms of trade are improving overall, gains are partial and not equally distributed,” Jean says.

From The Wall Street Journal Mar. 25, 2026

Nigeria harbors Africa’s largest crypto economy in terms of trade volume with many citizens using crypto to hedge their finances against surging inflation and the declining local currency.

From Seattle Times Apr. 4, 2024

He began with a frank statement of the facts and offered fair and substantial terms of trade.

From The Law of Hemlock Mountain by Hugh Lundsford

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