Question 21 marks
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A country' price index is 120 and import price index is 150. What are its terms of trade?
- A. 80
- . 100
- . 125
- . 270
Practice Questions · 9708
Original StepsToConquer questions written in CAIE style. These are practice questions, not past Cambridge examination questions.
A country' price index is 120 and import price index is 150. What are its terms of trade?