A country’s import price index by 1995 was 50 and her index of export price was 70. Calculate the terms of trade? by Sunday | Oct 30 | Economics JAMB | 0 comments A. 20% B. 71% C. 120% D. 140% Correct Answer: Option D – 140% Users Also Read These:When there is an improvement in a country's terms…The rate at which a country's export is exchanged…A country has favourable terms of trade when the…The port at the Lower Niger Valley that once served…A country's terms of trade are said to improve when…