The amount of capital (or goods)that can be obtained in exchange for one's exports can be simply referred to as
A) profit motive.
B) dependency.
C) terms of trade.
D) import-export balance.

Question

Quizplus · Accepted Answer

The amount of capital (or goods) that can be obtained in exchange for one's exports is referred to as terms of trade. It refers to the ratio of export prices to import prices and is an important indicator of a country's economic performance. A favorable term of trade indicates that a country is able to obtain more imports for a given level of exports, while an unfavorable term of trade indicates that a country must export more to obtain the same level of imports.

The Amount of Capital (Or Goods)that Can Be Obtained in Exchange