Terms of Trade (TOT)
The value of exports from a country divided by the value of imports to that country, that is then multiplied by one hundred to express it in percentage terms. The forex market tends to favor the currencies of countries with Terms of Trade (TOT) that are greater than 100% since that indicates capital is accumulating in that country and an increased demand for its currency.
Browse by Subjects
trade agreement
Terms of Trade (TOT)
See All Related Terms »

backwards spreading
depreciable cost
Uniform Practice Code (UPC)
intracommodity spread