Economy, asked by shubhammande4204, 6 months ago

gross barter terms of trade is
symbolically expressed as​

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Answered by lakshmansakthi9
0

Answer:

The gross barter terms of trade is the ratio between the quantities of a country's imports and exports. Symbolically, Tg = Qm/Qx, where Tg stands for the gross terms of trade, Qm for quantities of Imports and Qx for quantities of exports. ... A larger quantity of imports can be had for the same volume of exports

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