Terms of trade simply mean the price?

Terms of trade simply mean the price?

A. ratio of import to export B. ratio of export multiplied by import C. ratio of export to import D. ratio of export multiplied by price ratio of import E. of export minus price of import Correct Answer: Option C – ratio of export to...
Terms of trade simply mean the price?

Net National Product (NNP) is equal to the?

A. Gross Domestic Product (GDP) less depreciation B. Gross National Products (GNP) less depreciation C. Gross Domestic Products (GDP) plus depreciation D. Gross National Products (GNP) plus depreciation E. Gross National Income plus Taxation Correct Answer: Option B...
Terms of trade simply mean the price?

The real value of money is?

A. its face value B. what it can buy at a particular time C. its rate of exchange with other currencies D. its intrinsic worth E. its rate of circulation Correct Answer: Option B – what it can buy at a particular time

Copyright warnings! Do not copy.