a
a large quantity of exports is given up to obtain a unit of imports
b
the volume of exports is greater than the volume of imports
c
a smaller quantity of exports is given up to obtain a unit of imports
d
the value of exports is greater than the value of imports
Explanation
Correct Option
dNo explanation available
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Deepthinker581
4 years ago
Don't confuse yourselves and others here
The answer is correct
If a country's terms of trade improve, it means that for every unit of exports sold it can buy more units of imported goods. ...
