Get premium membership and access questions with answers, video lessons as well as revision papers.

What do you understand by the term terms of trade.

      

What do you understand by the term terms of trade.

  

Answers


sharon
This is a relationship between what a country exports and what she imports. It is the rate at which a country’s export exchanges against imports.
sharon kalunda answered the question on February 19, 2019 at 09:47


Next: State and explain the disadvantages of international trade.
Previous: What is the meaning of the balance of payment accounts.

View More Business Studies Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions