A country's terms of trade are said to improve when t...
A country's terms of trade are said to improve when the ratio of her export
decreases
remains constant
increases
equals import
Correct answer is C
Terms of trade (TOT) represent the ratio between a country's export prices and its import prices.. It improves When the exports are higher than the imports.
The following are methods of quoting prices EXCEPT ...
Dealing on the Stock Exchange may be either ...
Trading position of Nigeria is the same as her ...
A collective bundle of shares is called? ...
The telephone service through which one can dial any number,local,trunk or overseas is known as? ...
One of the functions of NACCIMA is? ...
The term “consumer sovereignty” means that the consumer is a ...
The ship owner's receipt for the goods accepted for carriage in a ship is called? ...