Multiple Choice
The concept of commodity or net barter terms of trade has been used by economists to measure
A) The gains from domestic trade
B) The gains from internal trade
C) The gains from international trade
D) The gains from prices
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q2: According to Jacob Viner, the classical economists
Q3: The terms of trade of a country
Q4: The concept of gross barter terms of
Q5: The term 'terms of trade' between two
Q6: The modern economists considered the gains from
Q8: The ratio between the quantities of a
Q9: When the export prices of a country
Q10: The difference in price ratios of two
Q11: The concept of single factoral terms of
Q12: J.S.Mill introduced the theory of reciprocal demand