Terms of trade, an instrument for international trade

Authors

  • Fernando Paniagua Muñoz Estudiante de la Licenciatura en Economía, Facultad de Ciencias Económicas, Universidad de El Salvador
  • Karla Regina Paniagua Muñoz Estudiante de la Licenciatura en Economía, Facultad de Ciencias Económicas, Universidad de El Salvador

DOI:

https://doi.org/10.5281/zenodo.10627390

Keywords:

Terms of trade, foreign trade, relative advantages

Abstract

This paper defines and analyzes the terms of trade of El Salvador, using data from the Central Reserve Bank (BCR), based on 2005. When evaluating its behavior, in some occasions it has been greater than one, showing that the foreign trade policy is giving results, since the terms of trade is positive.

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Published

2023-12-15

Issue

Vol. 1 No. 1 (2023)

Section

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How to Cite

Terms of trade, an instrument for international trade. (2023). Revista Ciencias Económicas, 1(1), 51-54. https://doi.org/10.5281/zenodo.10627390