Question 0Let P x represent the price of exports and Pm the price of imports. Then the terms of trade (TOT) are said to be favourable ifA.\(\frac{Px}{Pm}\)B.\(\frac{Px}{Pm}\)=1C.\(\frac{Px}{Pm}\)>1D.\(\frac{Px}{Pm}\)+1E.Objective Show full explanation