Question

8) Generally the developing countries
terms of trade
O A) Ignore
B) Suffer from adverse
O C) Enjoy favourable
D) Enjoy unfavourable​

Answer 1

Generally, the developing countries (unless they have a monopoly on a vital commodity) have particular difficulty maintaining surpluses since the terms of trade during periods of recession work against them; that is, they have to pay relatively higher prices for the finished goods they import but receive relatively ...

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Answer 2

Answer:

Generally, the developing countries (unless they have a monopoly on a vital commodity) have particular difficulty maintaining surpluses since the terms of trade during periods of recession work against them; that is, they have to pay relatively higher prices for the finished goods they import but receive relatively

Explanation:

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