terms of trade

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

Example Sentences

Otherwise India will further cede exports market share to other Asian peers like Bangladesh and Vietnam, who currently enjoy relatively better terms of trade with the US.

Read more on BBC

In terms of trade, both candidate's capitalist stances could indicate more support for foreign investment in Bolivia's vast lithium reserves - the key ingredient for batteries used in many electric cars, laptops and solar panels.

Read more on BBC

Smaller economies like Cambodia, Laos and Sri Lanka are manufacturing exporters and they have little to offer Washington in terms of trade or investment.

Read more on BBC

However, on Monday, Trump said talks over the weekend between the US and China had resulted in a "total reset" in terms of trade between the two countries, with tariffs either being cut or suspended on both sides.

Read more on BBC

“We would be in a much stronger position to do what we need to do, to reset the terms of trade.”

Read more on Los Angeles Times