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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

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

“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 terms of trade, which measures the ratio of export to import prices, dived 7.9% in the quarter for the largest fall since mid-2009.

From Reuters • Sep. 5, 2023

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 Casement, Roger

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