交こう易えき条じょう件けん

noun

terms of trade

Economic term referring to the ratio of export prices to import prices. Used in international trade contexts.

• 交こう易えき条じょう件けんの悪あっ化かが途と上じょう国こく経けい済ざいに打だ撃げきを与あたえた。

  The deterioration of the terms of trade dealt a blow to the developing country's economy.