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What is a series trade discount?
terms are 3/15.1/25, n/60 what does this mean?
The sum of of terms divided by the number of terms?
The mean, or the average.
What is the mathematical formula for calculating terms of trade?
Terms of trade = Price of Exports / Price of Imports The prices of exports and imports are usually calculated with respect to a specified base year. From that it is possible to calculate changes in the mix and the value of the trade flows to arrive at prices for the period in question.
The sum of terms dividedby the number of terms?
That's the definition of the "mean" or "average" of that group of terms.
What is a legal trade in math terms?
In math terms, a legal trade refers to an exchange of goods or services that is permissible according to the given rules or regulations. For example, if a mathematical model or algorithm dictates certain conditions or constraints for a trade to be valid, any trade that satisfies those conditions would be considered legally permissible.
