a
\(\frac{\text{Index of import prices}}{\text{Index of export prices}}\) x 100
b
\(\frac{\text{Index of exportable}}{\text{Index of importable}}\) x 100
c
\(\frac{\text{Index of visible imports}}{\text{Index of visible exports}}\) x 100
d
\(\frac{\text{Index of export prices}}{\text{Index of import prices}}\) x 100
Explanation
Correct Option
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Discussions (5)
xllenta
5 years ago
The answer should be D. Terms of trade deals with the comparison of a country's exports and imports expressed in price. It deals with the price of both variables. And from your explanation, D should be the answer anyways
Naijatea
9 years ago
The selected answer is wrong:
The answer is D
REF: Common knowledge and from your explanation
