there is an improvement in the terms of trade o... - JAMB Economics 1991 Question
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 option: d
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