Why income terms of trade is considered as an improvement of net barter terms of trade?
Answers
Answered by
0
Answer:
The concept of income terms of trade was developed by G.S. This concept is an improvement upon the net barter terms of trade. It takes into account the indices of export and import prices and quantity index of exports.
__________
Similar questions
Physics,
7 months ago
Math,
7 months ago
Economy,
1 year ago
Business Studies,
1 year ago
English,
1 year ago