The relative amounts of the goods that will be exchanged for each other in trade refers to the nations'

Name: The relative amounts of the goods that will be exchanged for each other in trade refers to the nations'
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The terms of trade refer to the ratio at which a country can trade its exports for imports from another country. It is determined by the relative amount of goods that will be exchanged, and is a key factor in international trade negotiations.

The Relative Amounts of the Goods That Will Be Exchanged