The terms of trade refers to
A) the ratio at which a country can trade its exports for imports from other countries.
B) the role of the government in overseeing international trade.
C) the rules and regulations that countries must adhere to when trading.
D) a legal document that specifies the trade quantities agreed to by two countries.
A
Economics
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The institution charged with creating and regulating the U.S. money supply is the
a. U.S. Treasury b. Federal Reserve System c. Department of Commerce d. Department of Weights and Measures e. U.S. Mint
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On a demand curve, demand is more elastic
A. At higher prices. B. At lower prices. C. At the middle price. D. When demand is unitary.
Economics