Terms of Trade
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. An improvement of a nation's terms of trade benefits that country in the sense that it can buy more imports for any given level of exports. The terms of trade may be influenced by the exchange rate because a rise in the value of a country's currency lowers the domestic prices of its imports …
WikipediaPublications
IJC: International Joint Commission · 13 December 2023 English
Covering October 1, 2015 to September 30, 2016
has the best mix of preferred outcomes in terms of trade-offs, is robust in the face of climate changes …
Agricultural Policy Research Networks · 5 November 2023 English
Issues centering on fish price volatility and the effects of such on economic units and food security forms the thrust of the research work and remains the drive for a …
translating to about 5% of agricultural GDP. In terms of trade, Nigeria remains the highest importer of fish …
Fraser Institute · 26 October 2023 English
Despite common misperceptions, middle-class workers in Denmark pay relatively high taxes for Denmark’s large government. Indeed, Denmark has a large welfare state paid for by some of the highest personal …
shocks to import and export prices (i.e., terms of trade) frequently have had a significant impact on … energy prices. This deterioration in Denmark’s terms of trade, along with a structural decline in Danish … The combination of high inflation, negative terms-of-trade shocks, deteriorating public finances, and …
CSLS: Centre for the Study of Living Standards · 26 October 2023 English
The parameter A is total factor productivity (TFP): it captures influences—such as the level of technology, the efficiency of markets, and the quality of the workforce—that are separate from the …
factor: changes in employment rates or the terms of trade, for example, will also affect household incomes …
Fraser Institute · 28 September 2023 English
Despite common misperceptions, high levels of economic freedom—that is, relying more on entrepreneurs, businessowners and workers to make economic decisions rather than politicians and bureaucrats—drive Denmark’s high living standards. For …
shocks to import and export prices (i.e., terms of trade) frequently have had a significant impact on … energy prices. This deterioration in Denmark’s terms of trade, along with a structural decline in Danish … The combination of high inflation, negative terms-of-trade shocks, deteriorating public finances, and …
CCPA: Canadian Centre For Policy Alternatives · 8 September 2023
The opinions and recommendations in this report, and any errors, are those of the authors, and do not necessarily reflect the views of the funders of this report. [...] The …
stronger economic or military powers set the terms of trade in their own favour, frequently to maximize …
Fraser Institute · 3 August 2023 English
The proportion of seniors in Canada’s population has rapidly increased over the past few decades. Moreover, according to Statistics Canada, the percentage of Canadians 65 years and over is projected …
factors, in column (2), we include the provincial terms of trade (that is, the ratio of export price index … −0.004 −0.007* (0.005) (0.005) (0.004) Log (terms of trade) −0.006 −0.007 −0.025** (0.010) (0.010) (0 … the ratio of private investment to GDP and terms of trade have the expected signs. The unexpected negative … 0.010** 0.001 (0.004) (0.004) (0.005) Log (terms of trade) −0.019** −0.019** −0.030** (0.007) (0.008) …
APF: Asia Pacific Foundation of Canada · 13 July 2023 English
interviewed to inform the recommended strategies Recognizing the growing importance of the for Canada to build improved economic engagement city-state, the Asia Pacific Foundation of Canada with the city-state. [...] …
long-standing relationship with Singapore in terms of trade, tourism, and investment, and also its role … because China gives Indonesia a good deal in terms of trade. It is the conditionalities from other countries …
Wilson Center Canada · 27 June 2023 English
The adverse effects of the pandemic will remain notable for the global banking industry, forcing the competitive landscape of the sector to change and slowing growth in traditional product areas, …
dependence, and increase exports with better terms of trade. Canada and China Increased demand for Canadian …
CSLS: Centre for the Study of Living Standards · 16 June 2023 English
The non-GCC Arab 7 Bai and Perron’s (1998, 2003) method allows us to identify the phases of growth solely derived from the data, minimizing the residual sum of squares of …
0.1 per cent for Saudi Arabia when CPI tial terms of trade gains on real incomes in is used, it worsened …