Terms of Trade of a country show………..
A. Ratio of goods exported and imported
B. Ratio of import duties
C. Ratio of prices of exports and imports
D. Both (a) and (c)
Answer:C
Terms of Trade of a country show………..
A. Ratio of goods exported and imported B. Ratio of import duties C. Ratio of prices of exports and imports D. Both (a) and (c)