Multiple Choice
Assume in base year 1995,the net barter terms of trade is equal to 100,and we find that,for the 2004 fiscal year,the US price index for exports has risen 8 percent and the price index for imports has fallen by 4 percent.What is the value of the U.S.net barter terms of trade?
A) 63.4
B) 101.2
C) 88.6
D) 112.5
Correct Answer:
Verified
Correct Answer:
Verified
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