International Monetary Fund data indicate that, with 2005 = 100.0, Sweden's export price Index in 2011 was 129.7, its import price index in 2011 was 133.3, its export quantity Index in 2011 was 115.9, and its import quantity index in 2011 was 129.0. Given this Information, a calculation of Sweden's "income" terms of trade for 2011 would give a Result of __________.
A) 87.4
B) 112.8
C) 119.1
D) 132.6
Correct Answer:
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