Terms-of-trade

For example , most of the rich countries have seen spectacular terms-of-trade gains ; that is , a fall in the price of imports relative to exports .

例如，多数富裕国家在贸易条件方面获得显著收益；也就是说，进口价格相对出口价格出现下降。

The negative terms-of-trade impact of high oil prices is estimated at around three percent of income in oil-importing low-income countries .

据估计高油价对贸易条件的负面影响相当于依赖石油进口的低收入国家国民收入的3%左右。

With greater difference in risk aversion between workers and firms , the optimal exchange rate should vary little with terms-of-trade shocks .

模型显示，当工人与厂商之间的风险厌恶程度差别越大时，用以抵消纯贸易冲击所进行的汇率调整量将越小。