The rate at which a country's export is exchanged for her imports is

a

trade balance

b

balance of payment

c

term of trade

d

balance on current account

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Correct Option
c

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Discussions (2)

well I think the answer is c because it is not specified if it is visible or invisible the description has to do with both so term of trade should be the best answer at this point

DanielEchoda
9 years ago

C is the answer.

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