Glossary entry (derived from question below)
Spanish term or phrase:
acuerdo de TOT
English translation:
terms of trade agreement
Added to glossary by
Maria Elena Martinez
Feb 9, 2006 10:27
18 yrs ago
3 viewers *
Spanish term
acuerdo de TOT
Spanish to English
Tech/Engineering
Engineering (general)
En fase posterior, una vez introducido y validado el producto, el objetivo de XXX es poder fabricar en CHINA dichos productos. Para ello su propuesta es alcanzar un acuerdo de TOT, mediante pago de Licencia, para la fabricación de dichos equipos.
Thanks
Ana
Thanks
Ana
Proposed translations
(English)
| 4 +1 | terms of trade agreement |
Maria Elena Martinez
|
Proposed translations
+1
26 mins
Maria Elena Martinez
Netherlands
Netherlands
Native in Spanish
Works in field
Netherlands
34 years' experience
Native in: Spanish 
Works in: English to Spanish, Italian to Spanish, Dutch to Spanish
Related KudoZ points
:
61
Selected
terms of trade agreement
Terms of trade
In international economics and international trade, terms of trade are the ratio of the price of an export commodity(s) to the price of an import commodity(s). "Terms of trade" are sometimes used as a proxy for the relative social welfare of a country, but this heuristic is technically questionable and should be used with extreme caution. An improvement in a nation's terms of trade is good for that country in the sense that it has to pay less for the products it imports, that is, it has to give up less exports for the imports it receives.
In international economics and international trade, terms of trade are the ratio of the price of an export commodity(s) to the price of an import commodity(s). "Terms of trade" are sometimes used as a proxy for the relative social welfare of a country, but this heuristic is technically questionable and should be used with extreme caution. An improvement in a nation's terms of trade is good for that country in the sense that it has to pay less for the products it imports, that is, it has to give up less exports for the imports it receives.
Reference:
4 KudoZ points awarded for this answer.
Comment: "Thanks"
Something went wrong...