there is an improvement in the terms of trade of a country if?

there is an improvement in the terms of trade of a country if?
  • A.
    a large quantity of exports is given up to obtain a unit of imports
  • B.
    the volume of exports is greater than the volume of imports
  • C.
    a smaller quantity of exports is given up to obtain a unit of imports
  • D.
    the value of exports is greater than the value of imports
Correct Answer: Option D
Explanation
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