What is Trade Terms
The terms of trade (TOT) is the relative price of exports in terms of imports and is defined as the ratio of export prices to import prices. It can be interpreted as the amount of import goods an economy can purchase per unit of export goods.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Terms of trade
Chapter 2: Measures of national income and output
Chapter 3: Comparative advantage
Chapter 4: Purchasing power parity
Chapter 5: GDP deflator
Chapter 6: Budget constraint
Chapter 7: Cost-of-living index
Chapter 8: Relative strength index
Chapter 9: Real versus nominal value (economics)
Chapter 10: Output (economics)
Chapter 11: Balassa-Samuelson effect
Chapter 12: Price index
Chapter 13: Heckscher-Ohlin model
Chapter 14: Marshall-Lerner condition
Chapter 15: U.S. Import and Export Price Indexes
Chapter 16: United States Consumer Price Index
Chapter 17: Import
Chapter 18: International dollar
Chapter 19: Trade bloc
Chapter 20: Japan Crude Cocktail
Chapter 21: FAO Food Price Index
(II) Answering the public top questions about trade terms.
(III) Real world examples for the usage of trade terms in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Trade Terms.
