Description of node <http://id.insee.fr/concepts/definition/c1383/definition/v1/en>

Subject Predicate Object
http://id.insee.fr/concepts/definition/c1383/definition/v1/en http://www.w3.org/1999/02/22-rdf-syntax-ns#type http://rdf-vocabulary.ddialliance.org/xkos#ExplanatoryNote
http://id.insee.fr/concepts/definition/c1383/definition/v1/en http://purl.org/pav/version 1
http://id.insee.fr/concepts/definition/c1383/definition/v1/en http://rdf-vocabulary.ddialliance.org/xkos#plainText Terms of trade are the ratio for a given product between the export price index and the import price index, with these indices expressed in relation to the same base year. A 1% improvement in the terms of trade means that the growth in export prices is 1% higher than that of import prices. It also signifies a deterioration in French price-competitiveness.Conversely, a drop in the terms of trade indicates an improvement in price-competitiveness. This ratio can be calculated by product, for a set of products, or globally.
http://id.insee.fr/concepts/definition/c1383/definition/v1/en http://purl.org/dc/terms/language en
http://id.insee.fr/concepts/definition/c1383/definition/v1/en http://eurovoc.europa.eu/schema#noteLiteral <div xmlns="http://www.w3.org/1999/xhtml"><p>Terms of trade are the ratio for a given product between the export price index and the import price index, with these indices expressed in relation to the same base year. A 1% improvement in the terms of trade means that the growth in export prices is 1% higher than that of import prices. It also signifies a deterioration in French price-competitiveness.</p><p>Conversely, a drop in the terms of trade indicates an improvement in price-competitiveness. This ratio can be calculated by product, for a set of products, or globally.</p></div>
http://id.insee.fr/concepts/definition/c1383 http://www.w3.org/2004/02/skos/core#definition http://id.insee.fr/concepts/definition/c1383/definition/v1/en