Question 24 marks
Not finished
Explain how a rise in a country' price index, with its import price index unchanged, affects its terms of trade [4]
Practice Questions · 9708
International Economic Issues
Original StepsToConquer questions written in CAIE style. These are practice questions, not past Cambridge examination questions.
Your answer
Write in full sentences. Use the context or data, make each relationship explicit, and include a reasoned judgement where the command word requires one.