The commodity or Net Barter Terms of trade are represented by the formula
1
\(\frac{\text {quantity of exports}}{\text {quantity of imports}}\) × 100
2
\(\frac{\text {price} \times \text {quantity of exports}}{\text {price} \times \text {quantity of imports}}\) × 100
3
\(\frac{\text {volume of exports}}{\text {volume of imports}}\) × 100
4
\(\frac{\text {price index of exports}}{\text {price index of imports}}\) × 100