Term of trade is the

Term of trade is the
  • A.
    ratio of capital movement to export movements
  • B.
    ratio of import to short-term export
  • C.
    difference between export and import
  • D.
    ratio of short-term capital movement to long-term capital movements
  • E.
    ratio of index of export prices to index of import prices
Correct Answer: Option E
Explanation
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