MCQOPTIONS
Saved Bookmarks
MCQOPTIONS
| 1. |
An increase in the index of income terms of trade implies that |
| A. | A country cannot import more goods in exchange for its exports |
| B. | A country can import more goods in exchange for its exports |
| C. | A country cannot export more goods in exchange for its imports |
| D. | None of the above |
| Answer» C. A country cannot export more goods in exchange for its imports | |