The terms of trade equation is written as
A) index of export prices - index of import prices
B) 100 × (index of import prices × index of import prices)
C) 100 × (index of import prices + index of export prices)
D) 100 × (index of import prices/index of export prices)
E) 100 × (index of export prices/index of import prices)
Correct Answer:
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