The terms of trade is described as unfavourable when
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
- A The price of imports rises relative to those of exports
- B The price of exports rises relative to those of imports
- C The net income from aabroad does not change
- D The value of exports exceeds those of imports
Correct Answer: Option A
Explanation:
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