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The country's terms of trade improved after export prices rose faster than import prices, boosting real national income.
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The country's terms of trade improved after export prices rose faster than import prices, boosting real national income.
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Related words
terms of trade
Noun
plural
plural-only
Japanese Meaning
貿易条件：輸出品の価格が輸入品の価格と比較してどのような相対的な水準にあるか、すなわち加重平均の輸出価格と加重平均の輸入価格の比率として定義される経済学用語。
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