Which of the following statements is true about terms of ...
Which of the following statements is true about terms of trade?
Terms of trade shows the difference between the values of export and imports
Terms of trade indicate the rate at which exports exchange for imports
It is the ration of price index of exports to imports
It is usually expressed as percentage
A rise in the price of export relative to imports is an improvement
Correct answer is C
No explanation has been provided for this answer.
From the shaded area of the diagram above, an appropriate population policy will be to ...
Foreign exchange rate in a free market economy is determined by ...
The middlemen in the chain of distribution are ...
In order to discourage the importation of manufactured goods, a country should adopt ...
Occupational distribution of information is mainly influenced by___________ ...
The following are the objectives of agricultural policies in Nigeria EXCEPT ...
The ultimate objective of Economics is to ...
In which situation is it likely that the demand for labour would be inelastic? ...