a
the trade agreement between two countries
b
the difference in the volumes of exports of two countries
c
the value of a unit of export in relation to the value of a unit of import
d
the production of total value of exports to the value of total trade
e
None of the above
Explanation
Correct Option
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SucceyAsher
3 years ago
The right Answer is C.
Terms of trade is defined as the rate at which a country's export exchange for its imports.
It is not terms and conditions. Or Trade memorandum of Understanding. Thanks.
