Given (frac{text{index of export price}}{text{index of import price}}) X (frac{100}{1}) The formular above can be…

Given (frac{text{index of export price}}{text{index of import price}}) X (frac{100}{1})
The formular above can be used to determine the
  • A.
    terms of payment
  • B.
    balance of payments
  • C.
    tearms of trade
  • D.
    import tariffs
Correct Answer: Option C
Explanation
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