South Korea's terms of trade fell for the eleventh consecutive month in October,... mainly due to rising oil prices.<br />According to the Bank of Korea on Friday,.... the country's trade term index last month marked.... 92-point-seven-eight,... an almost nine percent decrease on-year. <br />The drop means the index,.... which measures the amount of imports a country can purchase per each unit of exports,... is now sitting at an almost four-year low.<br />The central bank explained that a rise in international oil prices made imports more expensive.<br />In September,.... Korea's benchmark Dubai crude jumped almost 44 percent on-year.<br />The export volume index, on the other hand, hit a record high last month, thanks to strong electronic devices exports and extra working days. <br />
