Question

Terms of trade are favourable, if the current index in comparision to the base year index is
Less
More
Same
Different​

Answer 1

Answer:

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Explanation:

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Answer 2

CURRENT INDEX VALUE

Terms of trade are favourable, if the current index in comparison to the base year index is more.

GETTING TO KNOW MORE ABOUT CURRENT INDEX VALUE:

* In a variable rate loan, the phrase current index value refers to the most recent value for the underlying indexed rate. The fully indexed rate that a borrower is obligated to pay is calculated using the indexed rate and a margin in variable rate loans.

* This number should represent both overall market conditions as well as adjustments based on market events.

* Lenders utilise current index values to generate variable rate loan products. The fully indexed rate is the interest rate that borrowers pay on these loans.

*  It's the product of an indexed rate and a margin. Lenders may provide a number of fully indexed variable rate loan packages with different reset times.