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11) It is said that higher Terms of Trade (ToT) along with increases in productivity are important for raising incomes of farmers and the agricultural sector. What do you understand by the concept of Terms of Trade? How is it useful for farmers? Also examine the trends of ToT since 2000.

TopicIssues related to minimum support prices;

11) It is said that higher Terms of Trade (ToT) along with increases in productivity are important for raising incomes of farmers and the agricultural sector. What do you understand by the concept of Terms of Trade? How is it useful for farmers? Also examine the trends of ToT since 2000. (200 Words)

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