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Terms of Trade refers to the value of the country's exports relative to that of the country's imports. If a country's terms of trade is less than 100% there is more capital leaving the country, buying imports, than there is coming in from exports. It is possible to determine the health of the country's economy from these figures
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Explain what is meant by Terms of Trade and why it is an important economic statistics?
yes
What are terms of trade?
terms of trade expresses the relationship between the prices at which a country sells its exports and the prices paid for imports.
What important trade did the Hudson bay company control?
the important trade was Fur.
What is the difference between terms of trade and balance of trade?
terms of trade is the relationship of prices of imports and exportstot=price index of imports---- price index of exportsbalance of trade is the difference between total exports and total importsbot=totall exports- total imports
When and how did trade become important?
By the early 600s, trade became an important activity in the Arabian Peninsula.
Explain what is meant by Terms of Trade and why it is an important economic statistics?
yes
Why were Hans wolfgang singer and raul prebisch important in the world of economic trade and what was their tie in with tot terms of trade?
ther is no answer
Which of these terms is also defined as unrestricted trade?
free trade
What are terms of trade?
terms of trade expresses the relationship between the prices at which a country sells its exports and the prices paid for imports.
What trade was important in Ephesus?
The slave trade was important in Ephesus
Is the triagle trade important today?
not as important as a square or hexagon trade
What important trade did the Hudson bay company control?
the important trade was Fur.
Is to barter to trade?
The terms are interchangeable, yes.
What does TOFT mean with escorts?
terms of trade
What river is important to Hungarian trade?
The Danube River is important to Hungarian trade.
What has the author Ajit Kumar Ghose written?
Ajit Kumar Ghose has written: 'Agriculture-industry terms of trade and distributive shares in a developing economy' -- subject(s): Produce trade, Terms of trade
A trade agreement that creates favorable trade terms between two nations establishes which of the following?
Normal Trade Agreement
