Question 10

The 'terms of trade' means

  • A.the trade agreement between two countries
  • B.the difference in the volumes of exports of two countries
  • C.the value of a unit of export in relation to the value of a unit of import
  • D.none of the above
Objective

Question details

Exam body
OAU
Subject
Economics
Year
2008/2009
Question no.
#10
Type
Objective

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