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wlad13 [49]
2 years ago
5

The terms of trade between two countries refers to Multiple Choice what price the two countries agree upon for their imports and

exports. the rules governing trade between the two countries. the amount of Good A given up for Good B. the terms set by the World Trade Organization for trade.
Business
1 answer:
Fofino [41]2 years ago
3 0

The terms of trade between two countries refers to what price the two countries agree upon for their imports and exports. Because, by definition, terms of commerce refer to the ratio of export prices to import prices.

<h3>What is terms of trade?</h3>

The ratio of the index of export prices to the index of import prices is known as terms of trade.

If export prices rise faster than import prices, a country's terms of trade improve, allowing it to buy more imports for the same quantity of exports.

Thus option A is correct.

For more details about terms of trade, click here

brainly.com/question/17928017

#SPJ1

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Explanation:

The appropriate section in the statement of cash flows for reporting the purchase of equipment for cash is referred to as the investing activities.

The operating activities has to do with the reporting of cash payment for wages. The financing activities has to do with reporting issuance cash for the common stock.

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In an open economy, gross domestic product equals $2,450 billion, consumption expenditure equals $1,390 billion, government expe
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Answer:

$735 billion

Explanation:

Calculation to determine the national saving

Using this formula

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Mrac [35]

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