trade terms vs terms of trade

Both "trade terms" and "terms of trade" are correct, but they have different meanings and usage. "Trade terms" refer to the specific conditions or rules that govern a trade agreement, while "terms of trade" refer to the ratio between a country's export prices and its import prices. They are not interchangeable as they convey different concepts.

Last updated: March 20, 2024 • 709 views

trade terms

This phrase is correct and commonly used in English.

It refers to the specific conditions or rules that govern a trade agreement.

Show examples from the web [+]

Learn the trade terms commonly used on Alibaba.com, what does the set of abbreviated Incoterms mean for both sellers and buyers in International commerce.
A glossary of trade terms used in exporting. This article is part of "A Basic Guide to Exporting", provided by the U.S. Commercial Service, ...
... is offering dedicated training courses, as well as the official Incoterms® 2020 Certificate to ensure that the trade terms are appropriately applied.
Feb 27, 2023 ... Confused about exporting jargon? 11 common trade terms you need to know. If you work in the world of trade, it's easy to get overwhelmed by ...
First published by ICC in 1936, Incoterms® rules are a set of eleven three-letter trade terms, reflecting business-to-business practice in contracts for the ...
Aug 30, 2022 ... Are you unsure about the trade terms of Alibaba or Chinese suppliers? Don't know what the three letters that came with your quote mean?

Alternatives:

trading terms
commercial terms
business terms
contract terms
trade conditions

terms of trade

This phrase is correct and commonly used in English.

It refers to the ratio between a country's export prices and its import prices.

Show examples from the web [+]

Using the terms of trade to determine the health of a country's economy can draw the wrong conclusions. It is important to know why exports increase relative to ...
Terms of trade (TOT) refers to 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 ...
For example, if, over a given period, the index of export prices rises by 10% and the index of import prices rises by 5%, the terms of trade are: 110 x 100 / 105.
Terms of Trade Effects: Theory and Measurement. Marshall B. Reinsdorf*. Marshall.Reinsdorf@BEA.gov. Revised version of WP2009-01. October 2009. Foreign ...

Alternatives:

trade conditions
trade ratios
export-import terms
commercial exchange terms
economic terms

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trade terms vs terms of trade

trade terms

terms of trade

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