General Analysis of the Factors that Affect the Terms of Trade
Zhang Ye
Abstract
Zhang Ye
Abstract
The income terms of trade is an important target to measure the trade benefit of a country, but it cannot explain the improvement of the terms of trade results from the structure optimization of the export commodities, or the raise of the additional profit, or the lowprice sales promotion which increases the number of export goods, and cannot indicate the actual competitive ability of the export commodities of a country. Through the comparison and analysis of the export ability coefficient, this article sets up a system to judge the competitive ability of the export commodities, and makes a substantival study of our country's net exporting value in foreign trade since 1980s.
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The income terms of trade is an important target to measure the trade benefit of a country, but it cannot explain the improvement of the terms of trade results from the structure optimization of the export commodities, or the raise of the additional profit, or the lowprice sales promotion which increases the number of export goods, and cannot indicate the actual competitive ability of the export commodities of a country. Through the comparison and analysis of the export ability coefficient, this article sets up a system to judge the competitive ability of the export commodities, and makes a substantival study of our country's net exporting value in foreign trade since 1980s.
Key concepts: Profit (economics), Economics, Value (mathematics), International trade, Promotion (chess), International economics, Microeconomics, Mathematics