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  3. Study Set
    Applied International Economics
  4. Exam
    Exam 3: Comparative Advantage and the Production Possibilities Frontier
  5. Question
    The Terms of Trade Measures the Relationship Between the Price
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The Terms of Trade Measures the Relationship Between the Price

Question 50

Question 50

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The terms of trade measures the relationship between the price a country receives for its exports and the price it pays for its imports.

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