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Terms of trade refers to?

Terms of trade refers to?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Agreement between two trading countries
  • B Conditions attached to specific trade transaction
  • C The relationship between export and import prices
  • D , the difference between the value imports and exports
  • E All payments made-to other countries and receipts from them
Correct Answer: Option C
Explanation:

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