Terms of Trade Refers to _____

Terms of trade refers to _____

A) the quantity of one good exchanged for a unit of another good.
B) the opportunity cost of producing a good.
C) the quantity of a good demanded by U.S. consumers at a market-clearing price.
D) the price of a good in a country after the imposition of a tariff.
E) the maximum amount of credit that a country can borrow for a particular line of credit.