Multiple Choice
The ratio of price of export to price of import is called
A) Import price
B) Export rate
C) Foreign exchange
D) Terms of trade
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q13: A favourable terms of trade indicates -------imports
Q14: The concept of offer curves is associated
Q15: Reciprocal demand is<br>A)Mutual supply<br>B)Ratio of volume of<br>C)Ratio
Q16: Marshall and Edgeworth introduced a geometrical device
Q17: -------introduced the concept of Gross barter terms
Q19: is equally important as price of exports<br>A)Income
Q20: The offer curve of a country is
Q21: According to J S Mill, equilibrium terms
Q22: A commercial policy is a government policy
Q23: Two countries can gain from foreign trade