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Improvement in a Country's Terms of Trade Means That

Question 1

Multiple Choice

Improvement in a country's terms of trade means that


A) the price of its imports is rising relative to the price of its exports.
B) the price of its exports is falling relative to the price of its imports.
C) the price of its exports is rising relative to the costs of its exports.
D) the price of its imports is rising relative to the costs of its imports.
E) the price of its exports is rising relative to the price of its imports.

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