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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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The Conservative leader Kemi Badenoch's al fresco speech and news conference on a rooftop in central London on Thursday was a tacit acknowledgement that the political terms of trade have changed.

From BBC Jul. 24, 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

“Markets continue to focus on the terms of trade effects of the Iran war,” CBA’s Global Economic & Markets Research team says in a note.

From The Wall Street Journal Mar. 16, 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

The profit to England from Irish peonage cannot be assessed in terms of trade, or finance, or taxation.

From The Crime Against Europe A Possible Outcome of the War of 1914 by Roger Casement

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