The rate where a country's exports exchange for its imports is called
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Correct Answer: Option A
Explanation:
Terms of trade refers to the rate at which a country's exports exchange for its imports. It is commonly measured by comparing the index of export prices with the index of import prices.
Terms of trade refers to the rate at which a country's exports exchange for its imports. It is commonly measured by comparing the index of export prices with the index of import prices.