Multiple Choice
If the U.S. export price index is 120 and its import price index is 105, its terms of trade is:
A) 15.
B) -15.
C) 114.2.
D) 87.5.
E) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q25: Consider the data in the following table.<br>
Q26: International trade allows a country to consume
Q27: If a country is subject to increasing
Q28: based on the following information. Suppose a
Q29: based on the following information. Suppose a
Q31: based on the following information. Suppose a
Q32: The terms of trade (TOT) are:<br>A) P<sub>m</sub>
Q33: A rough indication of a country's terms
Q34: The limits to mutually beneficial trade are
Q35: Consider the data in the following table.<br>