(Table: The Prices of Ghana's Exports and Imports) Suppose that the table gives values of price indices for Ghana's exports and imports in 2012 and in 2014. Did Ghana's terms of trade improve, deteriorate, or remain unchanged between 2012 and 2014?
A) The terms of trade improved.
B) The terms of trade deteriorated.
C) The terms of trade remained unchanged.

Question

(Table: The Prices of Ghana's Exports and Imports) Suppose that the table gives values of price indices for Ghana's exports and imports in 2012 and in 2014. Did Ghana's terms of trade improve, deteriorate, or remain unchanged between 2012 and 2014? 
A) The terms of trade improved. 
B) The terms of trade deteriorated. 
C) The terms of trade remained unchanged.

Quizplus · Accepted Answer

The Answer of (Table: The Prices of Ghana's Exports and Imports) Suppose that the table gives values of price indices for Ghana's exports and imports in 2012 and in 2014. Did Ghana's terms of trade improve, deteriorate, or remain unchanged between 2012 and 2014? 
A) The terms of trade improved. 
B) The terms of trade deteriorated. 
C) The terms of trade remained unchanged.

(Table: the Prices of Ghana's Exports and Imports) Suppose That