Encyclopedia of Business in Today&#39;s World

Charles Wankel

doi:10.4135/9781412964289

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Terms of Trade

Edited by:
Charles Wankel
In:Encyclopedia of Business in Today's World
Chapter DOI:https://doi.org/10.4135/9781412964289
Subject:General Business & Management
Keywords:comparative advantage; international trade; opportunity costs; prices; pricing; terms of trade; trade

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A country's terms of trade is the ratio of its export price index to its import price index. Changes in terms of trade are sometimes used to indicate the direction of change in a country's gains from trade. ...

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  Wankel, C. (2009). Terms of trade. In Encyclopedia of Business in Today's World (pp. 1567-1570). SAGE Publications, Inc., https://doi.org/10.4135/9781412964289
  
  Wankel, Charles. "Terms of Trade." In Encyclopedia of Business in Today's World, edited by Wankel, Charles, 1567-70. Thousand Oaks, CA: SAGE Publications, Inc., 2009. https://doi.org/10.4135/9781412964289.
  
  Wankel, C. 2009. Terms of Trade. In: Encyclopedia of Business in Today's World. Charles Wankel Editor, Thousand Oaks, CA: SAGE Publications, Inc. pp. 1567-1570 Available at: <https://doi.org/10.4135/9781412964289> [Accessed 1 Dec 2023].
  
  Wankel, Charles. "Terms of Trade." Encyclopedia of Business in Today's World. Edited by Thousand Oaks: SAGE Publications, Inc., 2009, pp. 1567-70. Sage Knowledge, doi: https://doi.org/10.4135/9781412964289.
  
  Wankel, Charles. Terms of trade. In Encyclopedia of Business in Today's World. Thousand Oaks, CA: SAGE Publications, Inc.; 2009: 1567-1570. doi:10.4135/9781412964289
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