Commodity Terms Of Trade

Commodity terms of trade in Global Commerce Policy

In this regard, commodity terms of trade is: an index showing the ratio of commodity prices to prices for manufactured goods. Commodity terms of trade have improved if fewer commodities have to be sold to pay for a given amount of manufactures. They have deteriorated when more commodities have to be sold. See also terms of trade.[1]

Commodity terms of tradein the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Commodity terms of trade” entry (OAS)

See Also