Historical note: Changes in demand for and supply of agricultural goods in less- developed countries has had what effect on these countries' terms of trade?
a. lowered the terms of trade because it raised their export prices
b. lowered the terms of trade because it lowered their export prices
c. raised the terms of trade because it lowered their import prices
d. raised the terms of trade because it raised their import prices
e. it had had no effect on their terms of trade
B
Economics
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