Multiple Choice
For a country,what is an ideal situation for terms of trade?
A) exporting low-valued commodities and importing high-valued ones
B) exporting low-valued commodities and importing low-valued ones
C) exporting high-valued commodities and importing high-valued ones
D) exporting high-valued commodities and importing low-valued ones
E) no exports and importing several commodities
Correct Answer:
Verified
Correct Answer:
Verified
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