menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Microeconomics Study Set 4
  4. Exam
    Exam 13: International Trade
  5. Question
    If the Average Price of Exports Is 14
Solved

If the Average Price of Exports Is 14

Question 114

Question 114

Essay

If the average price of exports is 14.4,what is the average price of imports if the terms of trade is:
a)0.8
b)1
c)1.2

Correct Answer:

verifed

Verified

a)18.0
b)1...

View Answer

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

Related Questions

Q109: Below is some hypothetical data for the

Q110: What is a quota?<br>A)A limit imposed on

Q111: Below is some hypothetical data for the

Q112: Proponents of free trade suggest that all

Q113: Below are the production possibilities (without trade)and

Q115: Below is some hypothetical data for the

Q116: Below is a graph illustrating rice and

Q117: What is the meaning of the term

Q118: Below is the total market demand and

Q119: Below is production possibilities data for the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines