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a favorable trade balance ... when rising energy costs and structural weakness in the steel industryledto deterioration in terms of trade
lowers the price of its exports relative to that of its importsresultingin terms of trade deterioration
lower pricescausea deterioration in the terms of trade
Even though export prices decline , the price of imports to producer countries does not fall nearly as fastleads“ to a deterioration in terms of trade
devaluationcausesdeterioration in terms of trade
Competitors with larger shops than his , and people drifting from the districthad causedthe deterioration of trade
a favorable trade balance ... forwx energy costs and structural weakness in the steel industryledto deterioration in terms of trade
the two major factorsledto the deterioration of trade
losses(passive) caused bylosses
This divergence ... export prices compared with import prices(passive) was caused mainly byThis divergence ... export prices compared with import prices
to these no longer being affordablecan leadto these no longer being affordable
The country ’s economic decline ... two primary commodity exports , rubber and iron ore(passive) is caused byThe country ’s economic decline ... two primary commodity exports , rubber and iron ore
to the depreciation of the Canada dollar exacerbating further their volatilityleadingto the depreciation of the Canada dollar exacerbating further their volatility
a drop in incomecausesa drop in income
The slowdown(passive) was triggered byThe slowdown
in a depreciation in the currency ( real exchange rate 4resultingin a depreciation in the currency ( real exchange rate 4
to a large reduction in the current account surplus in 2008has contributedto a large reduction in the current account surplus in 2008
investorsleadsinvestors