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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
…mehr

Produktbeschreibung
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.