Tauschverhältnis
Tauschverhältnis is a German economic concept that refers to the relationship between the quantities of two different goods or services that are exchanged for each other through trade or barter. In simpler terms, it is the ratio of the quantities of two items that are traded for each other. This concept is also commonly referred to as the "exchange rate" or "trade ratio."
The concept of Tauschverhältnis is often used in economics to describe the balance of trade between two
There are two main types of Tauschverhältnis: the absolute Tauschverhältnis and the relative Tauschverhältnis. The absolute
Tauschverhältnis is an important concept in economics because it helps to explain how trade occurs and how