Question

GBT expresses terms of trade
in terms of
a. Only Price
b. Price & Quantity
c. Quality
d. Quantity​

Answer 1

Answer:

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Explanation:

Terms of trade (TOT) is a key economic metric of a company's health measured through what it imports and exports. TOT is expressed as a ratio that reflects the number of units of exports that are needed to buy a single unit of imports.