Term of trade is the

Economics

WAEC 1997

Term of trade is the

A. ratio of capital movement to export movements
B. ratio of import to short-term export
C. difference between export and import
D. ratio of short-term capital movement to long-term capital movements
E. ratio of index of export prices to index of import prices

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Correct Answer: Option E

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Term of trade is the

Correct Answer: Option E

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