Solved

The Index for a Country's Terms of Trade Is Computed

Question 46

Multiple Choice

The index for a country's terms of trade is computed as


A) index of export prices/index of import prices.
B) (index of import prices/index of export prices) × 100.
C) index of import prices/index of export prices.
D) (index of import prices + index of export prices) × 100.
E) (index of export prices/index of import prices) × 100.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions