The terms of trade measures the relationship between the price a country receives for its exports and the price it pays for its imports.

Name: The terms of trade measures the relationship between the price a country receives for its exports and the price it pays for its imports.
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The terms of trade is a ratio that compares the prices of a country's exports to the prices of its imports, indicating the amount of import goods an economy can purchase through the sale of a fixed amount of exports.

The Terms of Trade Measures the Relationship Between the Price