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Question 50

Terms of trade is the

  • A.rate at which the central bank discounts first class bills
  • B.rate at which a country's exports exchange for its imports
  • C.expected rate of returns on an investment
  • D.rate of payment for goods and services purchased
Objective

Question details

Exam body
WAEC
Subject
Commerce
Year
2005
Question no.
#50
Type
Objective
Previous · Q49Which of the following is a feature peculiar multiple shops? Next · Q51 Which of the following encourages trade between regions?

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