Economists call this a "terms of trade gain" for the country imposing the tariff. Such a tariff ensures that the price of cocoa in the Netherlands does not rise by the entire amount of the tariff.

As a result of this mishandling, the gains obtained from positive terms of trade shocks have been small, while real losses from negative shocks have been large. For example, many African governments ...

However, there has been a rich literature on incorporating terms-of-trade gains and losses due to the export-import price differentials into international comparisons. It is obvious that the ...

If foreign exporters adjust their export prices downward to accommodate lower US demand, the US could well reap terms-of-trade gains by benefiting from lower import prices relative to export prices.

This has lagged the Computer and Technology sector's gain of 1.8% and the S&P 500's gain of 2.52% in that time. Market participants will be closely following the financial results of The Trade ...

In large part, the economic recovery can be attributed to improved macroeconomic and structural policies rather than to favorable external developments, such as terms of trade gains. Indeed, these ...