A favourable terms of trade indicates -------imports for given exports
A) more
B) less
C) lower
D) same
Correct Answer:
Verified
Q1: The ratio of price of export to
Q2: Px / Pm is
A)Gros barter terms of
Q3: When many commodities are traded terms of
Q4: If import prices rse more than export
Q5: The limitations of Commodty terms of trade
Q7: is equally important as price of exports
A)Income
Q8: A decline in price would increase exports
Q9: -------introduced the concept of Gross barter terms
Q10: Single factoral terms of trade take in
Q11: Two countries can gain from foreign trade
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