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A country's import price index by 1995 was 50 and her index of export price was ...
Classroom
Economics Classroom
Jamb
Jamb 2000
International Trade
Meaning And Basis For International Trade
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A country's import price index by 1995 was 50 and her index of export price was 70. Calculate the terms of trade?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
20%
B
71%
C
120%
D
140%
Show Answer
Show Explanation
Correct Answer:
Option D
Explanation:
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