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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

“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


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Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Such are the terms of trade of our current national political contest.

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.

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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.

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

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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.

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