MCQOPTIONS
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| 1. |
When a country s import price relatively rises to its export prices, |
| A. | The terms of trade of a country remains the same |
| B. | The terms of trade of a country becomes worsened |
| C. | The terms of trade of a country improves |
| D. | None of the above |
| Answer» C. The terms of trade of a country improves | |