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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 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 prospect of higher U.S. interest rates has weakened the Japanese yen, hurting the country’s terms of trade, while concerns about a spike in oil prices are also weighing on sentiment.

From Reuters • Oct. 10, 2023

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

From The Law of Hemlock Mountain by Lundsford, Hugh

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