TERMS OF TRADE

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This denotes the amount of a country’s exports that are exchanged for its imports. This is calculated using the price index i.e. price index of terms of trade.

= (Price index of exports x 100)/price index of imports

Others are Viewing:
  1. FAVOURABLE TERMS OF TRADE
  2. UNFAVOURABLE TERMS OF TRADE
  3. TERMS ASSOCIATED WITH TRADE
  4. BARRIERS TO INTERNATIONAL TRADE
  5. ADVANTAGES OF INTERNATIONAL TRADE
  6. BALANCE OF TRADE
  7. FREE TRADE AND RESTRICTION

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