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:The formula index of export prices/index of import…The formula (index of export prices)/(index of…At the fall of their house; the widow lost her…A country has favourable terms of trade when the…The rate at which the country's import exchanges for…