The term of trade can be expressed as?

The term of trade can be expressed as?

A. (Price index of export ÷ Price index of export) × 100 B. (price index of import ÷ price index of export)  × 100 C. (Price index of export ÷ Price index of import) × 100 D. (Price index of export ÷ Price index of import) × 100 Correct Answer: Option C – (Price...

Copyright warnings! Do not copy.