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

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Example Sentences

With a new baseline discount forecast for WCS, the economist estimates the level of real GDP in 2027 would be about 0.4% lower that previously expected, though the impact on nominal GDP is greater than real GDP because the lower price of oil exports weighs on the terms of trade.

From The Wall Street Journal

Despite its impact on corporate profits, Yamaji said the yen’s sharp depreciation in recent years has deteriorated terms of trade for Japan as it needs to import food and energy.

From The Wall Street Journal

A month after Hubler and his traders improved the terms of trade between themselves and their employer, Morgan Stanley finally asked the uncomfortable question: What happened to their massive subprime mortgage market bet if lower-middle-class Americans defaulted in greater than expected numbers?

From Literature

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.

From 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.

From BBC