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

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Explanation

Correct Option
c

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Discussions (4)

Vioncy
9 years ago

The answer options are the same "c" and "d"

Anthonysama
2 years ago

The answer is B
B.O.T= price index of import÷price index of export × 100.

ategothotu
6 years ago

Abeg make dey check C & D biko,there are the same

missiles
5 years ago

Why is it that option C and D are given the same thingin this question?

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