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Different types of terms of trade
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Double Factor Terms Of Trade
Utility term Trade
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Main types of terms of trade, according to Jacob Viner and Meier are follows :
- Net Barter or commodity Terms of trade.
- Gross Barter Terms of trade.
- Income Terms of trade.
- Single Factoral Terms of trade.
- Double Factoral terms of trade.
- Real costs terms of trade.
- Utility terms of trade.
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