There is an unfavourable change in a nation's terms of trade whenever its
A) import prices rise more than its export prices.
B) export prices rise more than its import prices.
C) import prices fall while its export prices remain constant.
D) export prices rise while its import prices remain constant.
E) export and import prices stay the same.
Correct Answer:
Verified
Q110: If Canada's terms of trade rise from
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Q113: There will be a favourable change in
Q114: The diagram below shows the (hypothetical)demand and
Q116: The diagram below shows the (hypothetical)demand and
Q117: The "terms of trade" reflect the
A)amount of
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Q120: The diagram below shows the (hypothetical)demand and
Q125: If,over a period of a year,a country's
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