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English definition of “trade-weighted”


used to describe the value of a country's currency in relation to its exports to other countries . When the value of a country's currency increases , its exports become more expensive in other countries . When the value goes down its exports become less expensive : The yen has been the strongest currency over the past six years : its trade-weighted index is about 35% higher .
(Definition of trade-weighted adjective from the Cambridge Business English Dictionary © Cambridge University Press)
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