Question 15

There is an improvement in the terms of trade of a country if:

  • A.A large quantity of exports is given up to obtain a unit of imports
  • B.The volume of exports is greater than the volume of imports.
  • C.A smaller quantity of export is given up to obtain a unit of imports
  • D.The value of exports is greater than the value of imports
Objective

Question details

Exam body
NDA
Subject
Economics
Year
2017/2018
Question no.
#15
Type
Objective

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