TOT in Export Meaning
The TOT meaning in Export terms is "Terms of Trade". There are 2 related meanings of the TOT Export abbreviation.
TOT on Export Full Forms
- Terms of Trade The ratio of the average price of a countrys exports, to the average price of its imports, is its terms of trade. In theory, an improvement in a countrys terms of trade raises its real income although in practice it depends on how those terms of trade gains are distributed.
- Term of Trade
Frequently Asked Questions (FAQ)
What does TOT stand for Export?
TOT stands for Term of Trade in Export terms.
What is the shortened form of Term of Trade in Export?
The short form of "Term of Trade" is TOT for Export.
Citation
TOT in Export. Acronym24.com. (2022, April 5). Retrieved April 29, 2024 from https://acronym24.com/tot-meaning-in-export/
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