International trade - International trade - Arguments for and against interference: Developing nations in particular often lack the institutional machinery needed for effective imposition of income or corporation taxes (see income tax). If a country’s terms of trade improve, it means that for every unit of exports sold it can buy more units of imported goods. Der englische Begriff terms of trade wurde von dem US-amerikanischen Wirtschaftswissenschaftler Frank William Taussig in dessen 1927 in New York erschienenem Werk International Trade geprägt. Additional discounts may exist based on the category of products that you sell. Countries may make payments in settlement of a trade debt, for capital investment, or for other…. der industriellen Erzeugung; - die Fortsetzung der technischen Hilfe in den verschiedenen Wirtschaftsbereichen; - eine logistische Hilfe und die Verbesserung bestimmter Infrastrukturen (insbesondere Hafenanlagen), um die Einfuhr von Rohstoffen und Grunderzeugnissen zu ermoeglichen; - eine Hilfe fuer das Gesundheitswesen. The Australian Bureau of Statistics calculates and … An increase in export prices relative to import prices implies that Australia is better off; thus an increase in the terms of trade is sometimes referred to as a favourable movement in the terms of trade. The relation between the price of primary goods and that of manufactures has long intrigued economists. This is … 1 answer ‘‘Transport and trade … aktive Handelsbilanz {f} more favourable conditions [Br.] Wie bereits erwähnt, birgt dies die Gefahr, dass der Binnenmarkt in der EU durch unterschiedliche Ausnahmeregelungen in den einzelnen Mitgliedsländern fragmentiert wird und diejenigen EU-Länder, mit denen die SEC, Indeed, the effects of the performance of other Community producers, of the. 3. Be on the lookout for your Britannica newsletter to get trusted stories delivered right to your inbox. Let us know if you have suggestions to improve this article (requires login). 9/1996 geänderte Regelung eine staatliche Beihilfe nach Artikel 87 Absatz 1 darstellt: a) Die begünstigten Unternehmen werden durch Vergünstigungen bei den Zinssätzen und anderen. = Handelsbedingungen) bezeichnen das in einer Währung gemessene Austauschverhältnis zwischen dem Import und dem Export eines Landes. The relation between the price of primary goods and that of manufactures has long intrigued economists. günstigere Bedingungen {pl} most favourable billing [Br.] Gemeinschaft und diesen Ländern festgelegt sind. It is an economic term that refers to the existence of a surplus in the nation’s balance of trade. exemption from servicing charges for loans, Es besteht kein Zweifel, dass die Einnahmen aus den Fernsehgebühren, die Ad-hoc-Mittelübertragungen aus dem TV2-Fonds und dem Rundfunk- und Fernsehfonds, die Befreiung von den Körperschaftssteuern, die zinsund tilgungsfreien Darlehen und die staatlichen, The bank shall make its decisions regarding the date of the acquisition of the. In this case terms of trade are said to be favourable for the country as its share of gain from trade would be relatively larger. concessions initially negotiated with the Member making the changes or refer the matter to a panel for arbitration. Terms of Trade (engl. Die Bank trifft ihre Entscheidungen über den Zeitpunkt des Erwerbs der, Aktien und das jeweilige Erwerbsvolumen unabhängig und, c) Should the supplier ship the products that are covered by the contract, or similar products, to a third party, in, c) Sollte der Lieferant während der Laufzeit eines Vertrages über die Lieferung von Produkten die, As discussed, this bears the danger of fragmenting the EU's internal market by resulting in differing exemption regimes between the member states, putting those EU states with whom the SEC is not. Der beste Volltext-Übersetzer der Welt – jetzt ausprobieren! Kein gutes Beispiel für die Übersetzung oben. positiv: favourable {adj} [Br.] Balance of trade was + 69 crore rupees. enjoying significant gains in their pricing power relative to emerging market powers such as China. further technical assistance in various sectors of the economy; - logistical aid and help to improve certain areas of infrastructure (particularly ports) so that raw materials and basic products can be imported; - assistance for the health sector. favourable credit terms [Br.] 2. de Beide Indikatoren dürften angesichts günstiger Handelsbedingungen und eines geringen Anstiegs der Arbeitskosten im Jahr 2015 weiter gestärkt werden. If tastes or preferences of the people in country A shift from the product Y of country B to its own product X, the terms of trade will become favourable to country A. There is no doubt that the licence fee revenue, the ad hoc transfers from TV2 Fund and Radio Fund, the exemption from corporation tax, the. However, the strong economic expansion in the developing and transition countries is. Zudem können sie sich auf ihre fachlichen Kenntnisse und Fähigkeiten, die Qualität der. Moreover, the supply of primary … Calculate the Terms of trade … Falsche Übersetzung oder schlechte Qualität der Übersetzung. trade balance and the balance on current account. stimulieren damit sowohl ausländische Direktinvestitionen in der Region als auch ihre allgemeine wirtschaftliche Entwicklung. geothermal resources, which offer important business opportunities) and providing for improvement of the quality of life in the region; stresses that facilitation of visa regimes in the neighbourhood will encourage mobility and foster trade and economic activity; believes that the Black Sea Synergy should constitute an adequate framework for promoting the development of tourism in the Black Sea region, stellt die beachtliche Rolle des Küsten- und, Meerestourismus als wichtiger Katalysator für, betont, dass die Fremdenverkehrsinfrastruktur weiter entwickelt und die Diversifizierung von Fremdenverkehrsprodukten gefördert werden muss, um hierdurch traditionelle Erwerbsquellen zu schützen, natürliche Ressourcen besser zu nutzen (z.B. was only very limited and consequently not such as to alter the finding that there is a genuine and substantial relationship of cause of and effect between the dumped imports from the countries concerned and the material injury suffered by the Community industry. regarding potential future pressures on the current account. Declining terms of trade of the less developed countries is also due to long-term disparity in the demand for manufactures and primary products. Nutzen Sie die weltweit besten KI-basierten Übersetzer für Ihre Texte, entwickelt von den Machern von Linguee. It can be interpreted as the amount of import goods an economy can purchase per unit of export goods. Corrections? Auf internationaler Ebene sind die wesentlichen Probleme die. günstigere Bedingungen {pl } günstigere Konditionen {pl} more favourable terms [Br.] This is because the products of one unit of domestic resources will exchange against the product of more than one unit of foreign exchange. These nations prefer to sell more products and receive more capital for their residents, believing this translates into a higher standard of living and a competitive advantage for domestic companies. Given the situation in Albania, particularly the. Ring in the new year with a Britannica Membership. gegenwärtig deutliche Zugewinne in ihrer Preisgestaltungsmacht gegenüber Schwellenländern wie China zu verzeichnen haben. Speaking of the impact of a shift in terms of trade, Vyas says, manufacturing companies gained from favourable terms of trade in the September quarter. Making the Most of Favourable Terms of Trade M G Pavaskar THERE has been an unprecedented boom in the world fats and proteins market during the past few months. We calculate the terms of trade as an index number using the following formula: Terms of Trade Index (ToT) = 100 x Average export price index / Average import price index. Jedoch wird die kräftige wirtschaftliche Expansion in den Schwellen- und. Be warned. Our editors will review what you’ve submitted and determine whether to revise the article. Terms of trade, relationship between the prices at which a country sells its exports and the prices paid for its imports. en Both are expected to strengthen further in 2015 given favourable terms of trade and low labour cost growth. This is shown in the chart below. Many countries implement trade policies that encourage a trade surplus. When the value of exports exceeds the value of imports, we call it Favourable Balance of Trade. For example, during the commodity price boom, many resource-exporting developing countries experienced … At the international level key problems are dependence on a. producers and limited competition among buyers; relatively high trade barriers throughout the world, especially in agricultural and labour-intensive goods; and persistent difficulties in exploiting trade preferences offered by OECD countries. Box 1: Real gross domestic income and the terms of trade. Geben die Bieterin oder gemeinsam vorgehende Rechtsträger während der Laufzeit des. drugs and weapons as well as trafficking in human beings, thus serving as a basis for political, economic, social and environmental development in the participating States, ferner in Betonung der Bedeutung der Rechtsstaatlichkeit als dimensionsübergreifende, Waffen- und Menschenhandels, womit sie als Grundlage für die politische, wirtschaftliche, soziale und ökologische Entwicklung in den Teilnehmerstaaten dient, als Übersetzung von "favourable terms of trade" vorschlagen. Translation memories are created by human, but computer aligned, which might cause mistakes. Thus, when the terms of trade are favourable, a trading nation can enjoy a higher standard of living. If the prices of a country’s exports rise relative to the prices of its imports, one says that its terms of trade have moved in a favourable direction, because, in effect, it now receives more imports for each unit of goods exported. Upon discussing the scope of these additional discounts with your … Sie geben an, welche Menge an Gütern eine Volkswirtschaft importieren kann, gemessen an der Gütermenge, die exportiert wird.Die Terms of Trade der Industriestaaten verbesserten sich langfristig gesehen … policy measures by many governments and high demand from the large Asian economies. Maßnahmen vieler Regierungen sowie die hohe Nachfrage aus den großen asiatischen Volkswirtschaften gefördert. Terms of Trade Summary - Favourable movement More imports can be purchased with a given volume of export OR Less exports are required to purchase a given volume of exports - Purchasing power of the nation increases. Sie wurden vor kurzem bis Ende 2010 verlängert.2 Zusammen mit den betreffenden. asked Sep 3, 2018 in Class X Social Science by muskan15 (-3,443 points) lifelines of national economy. The terms of trade can also be expressed in terms of the number 1, with figures above 1 indicating an improvement, and those below 1 a worsening. Demgegenüber waren die Geschäftsergebnisse anderer Gemeinschaftshersteller, die Wirtschaftskrise in Südostasien, die von den USA und Russland. Distinguish between favourable balance of trade and unfavourable balance of trade. Thus, for example, when a tariff of $10.00 is imposed, foreign…, International payment and exchange, respectively, any payment made by one country to another and the market in which national currencies are bought and sold by those who require them for such payments. günstigster Kurs {m} most favourable terms [Br.] … Aktiengesellschaft and HOCHTIEF Pension Trust e.V. In an opposite situation, the terms of trade will turn against this country. favourable trade balance [Br.] en The Community provides support and, in some cases, favourable terms for their participation. Thus, terms of trade between the exchange of primary products and industrial products are always settled in favour of the latter and against the former. 1 answer. The terms of trade will be favorable to a country when the export prices are high relatively to import prices. The governments of such nations may then finance their activity by resorting to tariffs on imported goods, since such levies are relatively easy to … … most favourable price [Br.] Favourable terms of trade will make the country spent little on import and gain a lot of foreign exchange from other countries For example; Then table below shows trade between Kenya and China in the year 2004 and 2005, with the Kenyan government exporting and importing to and from china, and China also importing and Exporting from and to Kenya. As their exports decline, they may cut prices in order to keep their sales from falling drastically. disadvantage compared to other member states. In dem Bericht des Jahres 2003 wird festgestellt, dass der Anstieg bei, It is thus no longer possible to compensate the. Regelung betrifft Schifffahrtsunternehmen, die den Erwerb, den Bau und den Umbau von Schiffen für den Transport von Waren und Passagieren von und nach Sardinien und anderen sardischen Inseln beabsichtigen. The terms of trade of a country may also be affected by the changes in tastes. The Commission considers that the scheme amended by Law No 9/1996 constitutes State aid within the meaning of Article 87(1) for the following reasons: (a) the beneficiary companies are relieved of a, financial burden that they would normally have to, States because the amended scheme concerns. holders of shares in the Target Company, even if they have already accepted the Offer (see section 4.13 of the Offer). GDP measures the volumes of goods and services produced in Australia, not the volumes consumed in Australia. If a country can buy more imports with a given quantity of exports, its terms of trade have improved. One long-held belief was that the terms of trade tended to move against less-developed countries because their exports consisted chiefly of primary products (such as coffee or rubber) while their imports largely comprised manufactured and, consequently, more-expensive goods from developed countries. The terms of trade are calculated by using the following formula: Index of Export Prices/Index of Import Prices × 100 = Terms of Trade Index . When the prices of exports of a country are higher as compared to those of its imports, it would be able to obtain greater quantity of imports for a given amount of its exports. Scarcity—the number of goods available for trade—is one such factor. Define balance of trade. 0 votes. günstigste Bedingungen {pl} at a favourable … Updates? asked Nov 20, 2018 in Class X Social Science by navnit40 ( -4,939 points) lifelines of national economy wesentlichen Zusammenhangs zwischen der Ursache und der Wirkung der gedumpten Einfuhren aus den betroffenen Ländern einerseits und der bedeutenden Schädigung des Wirtschaftszweigs der Gemeinschaft andererseits nicht entkräftet wird. Unsicherheit im Hinblick auf den potenziell künftigen Druck auf die Leistungsbilanz. A fall in the terms of trade means that Australia must export more goods and services to maintain the same level of imports. a large number of other customer-related services (for instance, extended opening hours, flexible service, replacement cars, 24-hour assistance). favourable trade balance translation in English - French Reverso dictionary, see also 'favorable',favourably',favorably',favour', examples, definition, conjugation Erdwärmeressourcen, die wichtige Geschäftsmöglichkeiten bieten) und die Lebensqualität in der Region zu verbessern; unterstreicht, dass Erleichterungen der Visaregelung in den Nachbarländern die Mobilität, den Handel und die Wirtschaftstätigkeit fördern werden; ist der Ansicht, dass die Schwarzmeersynergie einen angemessenen Rahmen für die Förderung der Entwicklung des Fremdenverkehrs in der Schwarzmeerregion darstellen sollte, At the supranational level also, there is a need to promote a clear vision of what the public sector can and should do for the people and of how it should, treat its employees (international civil servants often being among, Auch auf supranationaler Ebene muß eine deutliche Zukunftsvision dessen gefördert werden, was der öffentliche Sektor für die Menschen tun kann und sollte, und wie er seine, Beschäftigten behandeln sollte (internationale Beamte, If a contracting party involved in an Article XXVIII negotiation considers that the Member intending to withdraw or modify a concession is not offering adequate. Viele übersetzte Beispielsätze mit "favourable terms of trade" – Deutsch-Englisch Wörterbuch und Suchmaschine für Millionen von Deutsch-Übersetzungen. Ist eine Vertragspartei, die an einer Verhandlung gemäß Artikel XXVIII beteiligt ist, der Auffassung, dass das Mitglied, das das Zugeständnis zurückziehen oder ändern will, keinen angemessenen Ausgleich anbietet, um auf der Grundlage der Gegenseitigkeit und zum gegenseitigen Nutzen die. In the industrial countries, the income elasticity of demand for primary products is inelastic (i.e., less than one), while in the poor countries, the income elasticity of demand for manufactured goods is more elastic (exceeds one). Favourable Balance of Trade Unfavourable Balance of Trade 1. Definition: Favorable balance of trade is a positive situation where a country exports more goods and services than what it imports. wohlwollend: favourable {adj} [Br.] günstigste Bedingungen {pl} Teilweise Übereinstimmung: favourable {adj} [Br.] Establish favourable terms of trade for goods and services, reduce transaction costs and ensure adequate financial services; تحديد معدلات مواتية للتبادل التجاري للسلع … If the prices of a country’s exports rise relative to the prices of its imports, one says that its terms of trade have moved in a … [...] quantities and at more favourable terms, especially with respect to price, deductibles, technology, quality, payment terms, terms of delivery or other conditions (hereinafter called "the terms") during the term of a contract on the delivery of products, then the supplier shall inform MAHLE of this fact promptly and grant MAHLE these more favourable terms automatically. ursprünglich mit dem betreffenden Mitglied vereinbarte Zugeständnisse zurücknehmen oder die Einsetzung eines Panels im Hinblick auf die Streitbeilegung beantragen. EurLex-2 . Bestabrechnung {f}econ. The terms of trade is the relative price of exports in terms of imports and is defined as the ratio of export prices to import prices. For some, this holds true, especially over the short term. Das Konzept wurde jedoch bereits 1844 in England von Robert Torrens in The Budget: On Commercial and Colonial Policy und im selben Jahr von John Stuart Mill in seinem (nach seinen Angaben b… Verwenden Sie den DeepL Übersetzer, um Texte und Dokumente sofort zu übersetzen, Consequently, trade and, less so, current account balances will remain negative for all acceding countries over the forecast horizon, and, Dementsprechend bleiben die Handels- und etwas weniger die Leistungsbilanzsalden für alle Beitrittsländer im Prognosezeitraum. Which term is used to describe trade between two or more countries ? It helps to strengthen the economy of a country. By signing up for this email, you are agreeing to news, offers, and information from Encyclopaedia Britannica. vorteilhaft: favourable {adj} [Br.] Many translated example sentences containing "favourable terms of trade" – Polish-English dictionary and search engine for Polish translations. In 1976-77 in India the imports were of value of 5073 crore rupees while exports were of value of 5142 crore rupees. Many theories have been postulated to explain movements in the terms of trade, but none of them is really confirmed by close examination of trade statistics. Related questions 0 votes. They come from many sources and are not checked. Found 6 sentences matching phrase "favourable turn in the terms of trade".Found in 19 ms. gefällig An abrupt change in a country’s terms of trade (e.g., a drastic fall in the price of a primary product that is a country’s main export) can cause serious balance-of-payments problems if the country depends on the foreign exchange earned by its exports to pay for the import of its manufactured goods and capital equipment. Prices paid for its imports ( vgl emerging market powers such as China nation can enjoy higher. Exchange against the product of more than one unit of export goods extended opening hours flexible... Favourable balance of trade ( engl services ( for instance, extended opening,. Import und dem export eines Landes the relation between the prices at which a country sells its exports the! Exports over imports, it is Thus no longer possible to compensate the dem! Trade of a country sells its exports and the prices at which a country sells its exports and the at! 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