TOT in International business Meaning
The TOT meaning in International business terms is "Terms of Trade". There are 1 related meanings of the TOT International business abbreviation.
TOT on International business 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.
Frequently Asked Questions (FAQ)
What does TOT stand for International business?
TOT stands for Terms of Trade in International business terms.
What is the shortened form of Terms of Trade in International business?
The short form of "Terms of Trade" is TOT for International business.
Citation
TOT in International business. Acronym24.com. (2022, April 5). Retrieved December 23, 2024 from https://acronym24.com/tot-meaning-in-international-business/
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