The index for a country's terms of trade is computed as
A) index of export prices/index of import prices.
B) (index of import prices/index of export prices) × 100.
C) index of import prices/index of export prices.
D) (index of import prices + index of export prices) × 100.
E) (index of export prices/index of import prices) × 100.
Correct Answer:
Verified
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