Question

OBJECTIVE QUESTI
1.
Choose the correct option and rewrite the
Terms of trade are expressed as a
(a) ratio of foreign exchange receipts and
(b) ratio of price index of exports and imp
(c) ratio of foreign direct investment and
Terms of trade are favourable, if the curre
the hase year index is​

Answer 1

This answer is (b) Ratio of price index of exports and imports.

Answer 2

Answer:

option (b) is the correct answer

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