Multiple Choice
If Canada's index of export prices is 250 and the index of import prices is 200,then the index of the terms of trade is
A) 125.
B) 80.
C) 50
D) 1.25.
E) 0.8.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: Trade,whether between individuals or nations,generally promotes<br>A)self-sufficiency.<br>B)specialization.<br>C)lower living
Q3: Consider the possibility of trade between countries.When
Q4: The principle of comparative advantage was first
Q5: One region is said to have an
Q6: Consider Canada's terms of trade.Canada is a
Q8: Suppose Canada could produce all goods and
Q9: The concept of comparative advantage in international
Q10: This table shows how much cotton and
Q11: The diagram below shows the domestic demand
Q12: If Country A has a comparative advantage