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The Terms of Trade Is the

Question 33

Multiple Choice

The terms of trade is the


A) amount of goods a country can consume without diminishing its supply of gold.
B) quantity of imported goods a country can obtain in exchange for a unit of domestic goods exported.
C) ratio of the increase in the domestic rate of unemployment for every 1 percent increase in imports.
D) change in the value of one currency relative to another.
E) ratio of net exports to the GDP.

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