A rough indication of a country's terms of trade is the export price index divided by the import price index times 100.

Name: A rough indication of a country's terms of trade is the export price index divided by the import price index times 100.
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The terms of trade are calculated by dividing the price index of exports by the price index of imports and then multiplying by 100. This gives a measure of the relative prices of a country's exports compared to its imports.

A Rough Indication of a Country's Terms of Trade Is