A country's import price index by 1995 was 50 and her index of export price...

Economics

JAMB 2000

A country's import price index by 1995 was 50 and her index of export price was 70. Calculate the terms of trade?

A. 20%
B. 71%
C. 120%
D. 140%

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Correct Answer: Option D

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A country's import price index by 1995 was 50 and her index of export price...

Correct Answer: Option D

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