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    Macroeconomics Principles Study Set 1
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    Exam 15: International Trade
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    The Average Price of Exports Divided by the Average Price
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The Average Price of Exports Divided by the Average Price

Question 170

Question 170

Multiple Choice

The average price of exports divided by the average price of imports is called the


A) terms of trade.
B) average cost ratio.
C) export-import ratio.
D) trade balance.

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