CAIT Full Form
CAIT refers to “Confederation of All India Traders” or full form of CAIT is “Confederation of All India Traders”.
Terms of Trade
Terms of trade in India increased in 113 index Points in 2011 from 91 Index Points in 2021. Terms of Trade in India are reported by the Reserve bank of India. Historically, from 2000 until 2011, India Terms of Trade averaged 90 Index points reaching an all time high of 113 Index Points in June of 2011 and a record low of 77 Index points in June 2007. In India, Terms of Trade (ToT) correspond to the ratio of price of exportable goods to the price of the importable goods.