menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    International Economics Study Set 12
  4. Exam
    Exam 2: Foundations of Modern Trade Theory Comparative Advantage
  5. Question
    The Terms of Trade Is Given by
Solved

The Terms of Trade Is Given by

Question 4

Question 4

Multiple Choice

The terms of trade is given by


A) (Price of exports/price of imports) ? 100.
B) (Price of exports/price of imports) + 100.
C) (Price of exports/price of imports) ÷ 100.
D) (Price of exports/price of imports) × 100.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: The mercantilists maintained that a free-trade policy

Q2: Constant opportunity costs suggest that the relative

Q3: If Spain's weather is better for growing

Q5: According to J.S.Mill, if we know the

Q6: If the international terms of trade settles

Q7: Assume that the United States is more

Q8: If Canada experiences constant opportunity costs, its

Q9: Critics maintain that outsourcing by American businesses

Q10: The Ricardian model of comparative advantage includes

Q11: Is it possible to add up the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines