[英语学习]Chap One inter trade.ppt

11. Net terms of international trade 净贸易条件 1) It refers to the ratio between the export price index (Px) and the import price index (Pm). 2) It measures the relationship between its export prices and import prices over a given time period. 3) From the analysis of terms of trade of a country the country is aware of changes in its trade terms. According to the changes it can formulate the corresponding policies and strategies in international trade. Formula of Net Term Net T =(Px)/(Pm) X 100 If the ratio of the year compared is less than 100 in the basis year, it means the terms of trade in