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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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When a business asks "What business are we in?" they are: a. conducting an environmental analysis. b. defining their business mi
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Cowboy, Inc., an American corporation that produces cowboy hats contract with a manufacturing plant in France, Beret, Inc. The c
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7 0
3 years ago
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Germany

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Tennis rackets are in a way, a luxury item that is only often bought by people who enjoy a middle-high, or high income. This is because Tennis as a whole tends to be an expensive sport to practice, since most tennis courts are located in private clubs, need to be rented for the practice, and the rest of the equipment associated with the sport: the footwear, and even the clothing, tends to be expensive as well.

For this reason, I would target a high income country first, and the most straightforward proxy to measure the average income of a nation is its GDP Per Capita, which is the GDP divided by the total population of the country.

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