Math, asked by moreshilpa978, 3 months ago

Terms of Trade in marathi Answer

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Answered by abhay512

Answer:

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Step-by-step explanation:

The terms of trade (TOT) is the relative price of exports in terms of imports and is defined as the ratio of export prices to import prices. ... An improvement of a nation's terms of trade benefits that country in the sense that it can buy more imports for any given level of exports.

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