Testing Company
Testing Company
TURKEY
ALTINDAG / ANKARA
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Predicting the Terms of Trade
05/05/2023

Predicting the Terms of Trade

The terms of trade, calculated with the export and import unit value indices, give an idea that the country is positively or negatively affected by foreign trade. Because, with the simplest definition, the terms of trade; It is the ratio of the price index of exported goods to the price index of imported goods. Generally, the expectation about the rate of terms of trade is for this value to be above 100%....

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