![Terms of Trade in Economics | Definition, Formula & Influences - Video & Lesson Transcript | Study.com Terms of Trade in Economics | Definition, Formula & Influences - Video & Lesson Transcript | Study.com](https://study.com/cimages/multimages/16/faa637c2-18ce-455d-b6d3-79a9f467f4c7_untitled.png)
Terms of Trade in Economics | Definition, Formula & Influences - Video & Lesson Transcript | Study.com
![Terms of Trade. Terms of Trade (TOT) Terms of Trade is a ratio of export prices to import prices. It is a measure that reflects changes in the average. - ppt download Terms of Trade. Terms of Trade (TOT) Terms of Trade is a ratio of export prices to import prices. It is a measure that reflects changes in the average. - ppt download](https://images.slideplayer.com/26/8421618/slides/slide_2.jpg)
Terms of Trade. Terms of Trade (TOT) Terms of Trade is a ratio of export prices to import prices. It is a measure that reflects changes in the average. - ppt download
![Terms of Trade in Economics | Definition, Formula & Influences - Video & Lesson Transcript | Study.com Terms of Trade in Economics | Definition, Formula & Influences - Video & Lesson Transcript | Study.com](https://study.com/cimages/videopreview/videopreview-full/thumbnail-terms-of-trade_122415.jpg)