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    Macroeconomics Principles Study Set 1
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    Exam 15: International Trade
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    The Ratio of the Price of Exported Goods to the Price
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The Ratio of the Price of Exported Goods to the Price

Question 129

Question 129

True/False

The ratio of the price of exported goods to the price of imported goods (Px/Pm) is known as the balance of trade.

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