Return code: 0 Output: The 'terms of trade' of a country refers to-- | EduVai









The 'terms of trade' of a country refers to--




MCQ Practice All Subject

The 'terms of trade' of a country refers to--

the difference between the value of exports and the value of imports
the rate at which domestic currency can be sold in foreign exchange markets
the relationship between average import prices and average export prices
the system of tariff rates levied by the government of the country