Question on: WAEC Economics - 2009

The terms of trade is described as unfavourable when

A
the price of imports rises relative to those of exports
B
the price of exports rises relative to those of imports
C
the net income from aabroad does not change
D
the value of exports exceeds those of imports
Ask EduPadi AI for a detailed answer
Correct Option: A

Add your answer

Notice: Please post responsibly.

Please share this, thanks!

No responses