Question on: WAEC Economics - 2016
The rate at which a country's export is exchanged for her imports is
A
trade balance
B
balance of payment
C
term of trade
D
balance on current account
Ask EduPadi AI for a detailed answer
Correct Option: C
Terms of trade, relationship between the prices at which a country sells its exports and the prices paid for its imports.
Add your answer
Please share this, thanks!
No responses