MCQOPTIONS
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| 1. |
The income terms of trade is |
| A. | The net barter terms of trade of a country multiplied by its export volume index |
| B. | The ratio between the quantities of a country s imports and exports |
| C. | The ratio between the price of a country s export goods and import goods |
| D. | None of the above |
| Answer» B. The ratio between the quantities of a country s imports and exports | |