The first is Australia, a bellwether for other rich commodity exporters such as Norway, where the terms of trade have improved by 38% since 2004, Canada and New Zealand.
首先要说的就是澳大利亚，发达商品出口国的领头羊，在其身后有挪威（其贸易条件自2004年以来改善了38%）、加拿大和新西兰。
We expect some softening in upstream commodity prices as China demand cools in 2005, which will help restore margins and terms of trade.
我们预计，随着2005年中国需求的降温，上游商品价格将会出现一些软化，而这将有助于恢复利差和贸易条件。
It is mainly caused by fluctuations in commodity prices, and there is no oblivious sign of decline in terms of trade volume.
这主要是因为大宗商品价格波动造成的，从贸易量来说实际上并没有下滑的明显趋势。
It is mainly caused by fluctuations in commodity prices, and there is no oblivious sign of decline in terms of trade volume.
这主要是因为大宗商品价格波动造成的，从贸易量来说实际上并没有下滑的明显趋势。
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