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The Index for a Country's Terms of Trade Is Computed

Question 20

Multiple Choice

The index for a country's terms of trade is computed as


A) index of export prices/index of import prices.
B) (index of import prices + index of export prices) x 100.
C) index of import prices/index of export prices.
D) (index of import prices/index of export prices) x 100.
E) (index of export prices/index of import prices) x 100.

Correct Answer:

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