commodity terms of trade

简明释义

商品交易条件

英英释义

例句

1.Changes in the commodity terms of trade can significantly impact agricultural exports.

商品贸易条件的变化可能会显著影响农业出口。

2.A decline in the commodity terms of trade can lead to increased inflation.

商品贸易条件的下降可能导致通货膨胀加剧。

3.Investors are closely monitoring the commodity terms of trade for signs of economic stability.

投资者正在密切关注商品贸易条件以寻找经济稳定的迹象。

4.The government is considering policies to improve its commodity terms of trade.

政府正在考虑改善其商品贸易条件的政策。

5.The country's economy heavily relies on the fluctuations in the commodity terms of trade.

该国经济在很大程度上依赖于商品贸易条件的波动。

作文

The concept of commodity terms of trade refers to the ratio at which one type of commodity can be exchanged for another. This term is particularly significant in international economics, as it helps to analyze how countries benefit from trading their goods and services. When a country exports commodities, it receives income in return, and the commodity terms of trade can indicate whether that income is sufficient to purchase the imports that the country needs. Understanding the commodity terms of trade is crucial for policymakers and economists alike. For instance, if a country has favorable commodity terms of trade, it means that the price of its exports is rising relative to the price of its imports. This scenario allows the country to import more goods for the same amount of exported commodities, thereby improving its overall economic position. Conversely, if the commodity terms of trade are unfavorable, the country might find itself in a situation where it has to export more to afford the same amount of imports, which can lead to economic strain.To illustrate this, consider a hypothetical country that primarily exports coffee and imports machinery. If the global price of coffee increases significantly while the price of machinery remains stable, the commodity terms of trade for this country improves. It can now export less coffee to obtain the same amount of machinery, thus enhancing its purchasing power and potentially leading to greater investment in local industries.On the other hand, if the price of coffee were to drop while machinery prices remained high, the commodity terms of trade would worsen. The country would need to export more coffee to buy the same amount of machinery, which could lead to economic difficulties, including reduced investment in infrastructure and social services.Furthermore, the commodity terms of trade can also reflect broader economic trends. For example, if many exporting nations face declining prices for their primary commodities due to overproduction or decreased global demand, this can lead to a collective worsening of the commodity terms of trade. Such a situation could trigger economic instability not only in those countries but also in the global market, as interconnected economies may feel the ripple effects.In conclusion, the commodity terms of trade serve as an essential indicator of a country's economic health and its position in the global market. By understanding how these terms fluctuate in response to changes in supply and demand, policymakers can make informed decisions that will help stabilize their economies and promote sustainable growth. Therefore, analyzing the commodity terms of trade should be a priority for any nation engaged in international trade, as it directly impacts their economic strategy and overall prosperity.

商品贸易条件的概念指的是一种商品可以与另一种商品交换的比率。这个术语在国际经济学中尤为重要，因为它有助于分析国家如何从贸易中受益。当一个国家出口商品时，它会获得收入，而商品贸易条件可以指示该收入是否足以购买该国所需的进口商品。理解商品贸易条件对于政策制定者和经济学家至关重要。例如，如果一个国家拥有有利的商品贸易条件，这意味着其出口价格相对于进口价格正在上涨。这种情况使得该国能够以更少的商品出口换取更多的进口商品，从而改善其整体经济状况。相反，如果商品贸易条件不利，该国可能发现自己必须出口更多的商品才能负担相同数量的进口，这可能导致经济压力。为了说明这一点，考虑一个假设的国家，该国主要出口咖啡并进口机械。如果全球咖啡价格显著上涨，而机械价格保持稳定，那么该国的商品贸易条件就会改善。现在，它可以出口更少的咖啡来获得相同数量的机械，从而增强其购买力，并可能导致对当地产业的更大投资。另一方面，如果咖啡价格下降，而机械价格保持高位，则该国的商品贸易条件将恶化。该国需要出口更多的咖啡才能购买相同数量的机械，这可能导致经济困难，包括基础设施和社会服务投资的减少。此外，商品贸易条件还可以反映更广泛的经济趋势。例如，如果许多出口国因过度生产或全球需求下降而面临主要商品价格下跌，这可能导致商品贸易条件的集体恶化。这种情况不仅可能导致这些国家的经济不稳定，还可能影响全球市场，因为相互关联的经济体可能会感受到连锁反应。总之，商品贸易条件作为一个国家经济健康和在全球市场中地位的重要指标。通过理解这些条件如何随着供需变化而波动，政策制定者可以做出明智的决策，以帮助稳定其经济并促进可持续增长。因此，分析商品贸易条件应成为任何参与国际贸易国家的优先事项，因为它直接影响其经济战略和整体繁荣。