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What does TOT stand for?

TOT stands for Terms of Trade

This definition appears very frequently and is found in the following Acronym Finder categories:

  • Military and Government
  • Business, finance, etc.

See other definitions of TOT

Other Resources:
We have 83 other meanings of TOT in our Acronym Attic

Samples in periodicals archive:

Economic theory holds that at the aggregate level the growth of real wages are determined by labour productivity growth, a relationship mediated by the labour's share of output and labour's terms of trade (the price of output relative to the price of goods that workers consume).
But in New Labour's lexicon surely it connotes little more than a batch, or series, of ad hoc measures designed to alleviate spreading economic hardship - a situation that has arisen as a result of a most unfortunate conjuncture of the 'bust' that was not meant to follow the boom; the associated credit crunch; and the deterioration in our terms of trade resulting from the sharp rise in the price of food and (much more so) energy.
INTRODUCTION The relationship between trade balance and terms of trade or trade balance and real exchange rate continues to be of substantial interest in trade literature and by policy makers.