small-country terms of trade

简明释义

小国贸易条件

英英释义

例句

1.The government is reviewing policies that could improve the small-country terms of trade for local farmers.

政府正在审查可能改善当地农民的小国贸易条件的政策。

2.When analyzing trade agreements, it is essential to consider the small-country terms of trade to assess potential benefits.

在分析贸易协议时，考虑小国贸易条件以评估潜在利益是至关重要的。

3.Higher tariffs imposed by larger economies can adversely affect the small-country terms of trade of developing nations.

大型经济体征收的更高关税可能会对发展中国家的小国贸易条件产生不利影响。

4.For nations with limited bargaining power, changes in commodity prices can significantly affect their small-country terms of trade.

对于议价能力有限的国家，商品价格的变化会显著影响它们的小国贸易条件。

5.In discussing the impact of global markets, economists often refer to the small-country terms of trade as a critical factor for understanding trade dynamics.

在讨论全球市场的影响时，经济学家通常将小国贸易条件视为理解贸易动态的关键因素。

作文

In the realm of international economics, the concept of small-country terms of trade plays a crucial role in understanding how smaller nations engage in global trade. The term refers to the relative prices at which a small country can trade its goods for those of larger countries. Unlike larger economies, small countries often have limited bargaining power in international markets, which directly affects their terms of trade. This essay will explore the implications of small-country terms of trade on economic policy, trade relationships, and overall economic development.Small countries, by definition, are those with limited resources, smaller populations, and less influence on global markets. Their exports often consist of a few primary commodities or specialized products, making them vulnerable to fluctuations in global demand and prices. Consequently, the small-country terms of trade are typically less favorable compared to larger nations that can diversify their economies and negotiate better trade deals.One of the primary implications of small-country terms of trade is the impact on economic policy. Governments in small countries must carefully consider their trade policies to enhance their competitiveness. For instance, they may need to focus on improving the quality of their exports or seeking new markets to mitigate the adverse effects of unfavorable terms of trade. Additionally, small countries might benefit from forming regional trade agreements to strengthen their negotiating positions and gain access to larger markets.Moreover, the small-country terms of trade can significantly influence trade relationships. Smaller nations often rely heavily on a few trading partners, which can create dependency and vulnerability. For example, if a small country exports primarily to one large nation, any changes in that country's economic conditions or trade policies can have severe repercussions on the small country's economy. Therefore, diversifying trade relationships is essential for small countries to reduce risks associated with small-country terms of trade.Furthermore, the terms of trade can also affect overall economic development in small countries. A favorable small-country terms of trade can lead to increased export revenues, which can be reinvested in infrastructure, education, and health care, thus fostering economic growth. Conversely, unfavorable terms of trade can stifle development efforts and lead to stagnation. As such, it is vital for policymakers in small countries to monitor global market trends and adjust their strategies accordingly to improve their terms of trade.In conclusion, the concept of small-country terms of trade is integral to understanding the economic dynamics faced by smaller nations in the global marketplace. By recognizing their limitations and vulnerabilities, small countries can formulate effective trade policies that enhance their competitiveness and promote sustainable economic growth. Ultimately, improving small-country terms of trade is not only about achieving better prices for exports but also about ensuring long-term economic stability and development in an increasingly interconnected world.

在国际经济领域，“小国贸易条件”的概念在理解较小国家如何参与全球贸易中起着至关重要的作用。该术语指的是小国可以用其商品与大国的商品进行交易的相对价格。与较大的经济体不同，小国在国际市场上的议价能力有限，这直接影响了它们的贸易条件。本文将探讨“小国贸易条件”对经济政策、贸易关系和整体经济发展的影响。小国的定义是那些资源有限、人口较少、对全球市场影响力较小的国家。它们的出口通常由少数主要商品或专业产品组成，使其容易受到全球需求和价格波动的影响。因此，小国贸易条件通常比能够多样化经济并谈判更好贸易协议的大国更不利。“小国贸易条件”的主要影响之一是对经济政策的影响。小国政府必须仔细考虑其贸易政策，以增强其竞争力。例如，它们可能需要专注于提高出口质量或寻找新市场，以减轻不利贸易条件的影响。此外，小国可能会从形成区域贸易协议中受益，以加强其谈判立场并获得进入更大市场的机会。此外，小国贸易条件还会显著影响贸易关系。较小的国家往往严重依赖少数贸易伙伴，这可能导致依赖性和脆弱性。例如，如果一个小国主要向一个大国出口，那么该国经济状况或贸易政策的任何变化都可能对小国经济产生严重后果。因此，扩大贸易关系对小国减少与小国贸易条件相关的风险至关重要。此外，贸易条件还会影响小国的整体经济发展。一个有利的小国贸易条件可以导致出口收入增加，这些收入可以再投资于基础设施、教育和医疗，从而促进经济增长。相反，不利的贸易条件可能会抑制发展努力并导致停滞。因此，小国的政策制定者必须密切关注全球市场趋势，并相应调整其战略，以改善其贸易条件。总之，“小国贸易条件”的概念对于理解较小国家在全球市场中面临的经济动态至关重要。通过认识到自身的局限性和脆弱性，小国可以制定有效的贸易政策，增强其竞争力，促进可持续的经济增长。最终，改善小国贸易条件不仅仅是为了实现更好的出口价格，也是为了确保在日益互联的世界中实现长期经济稳定和发展。