When supply of exports is elastic, a country will have ________________ terms of trade.

Name: When supply of exports is elastic, a country will have ________________ terms of trade.
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When the supply of exports is elastic, it means the country can increase the quantity of exports in response to price changes efficiently. This ability often leads to more favorable terms of trade because the country can adapt its export supply to gain more from trade exchanges.

When Supply of Exports Is Elastic, a Country Will Have