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Terms of Trade
Documents Terms of Trade

Terms of Trade Understanding the Terms of Trade (ToT) The ToT is the ratio of the average price of exports to the average price of imports: It is a measure of the amount…

Terms of Trade
Documents Terms of Trade

Terms of Trade Understanding the Terms of Trade (ToT) The ToT is the ratio of the average price of exports to the average price of imports: It is a measure of the amount…

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