The nation's commodity terms of trade times the productivity index in its export sector gives the nation'sO A. income terms of tradeB. double factoral terms of tradeC. single factoral terms of tradeD. barter terms of trade

Introduction Trade is an activity of buying and selling of goods for money or other goods.

The nation's commodity terms of trade times the productivity index in its export sector gives the nation's A. income terms of trade B. double factoral terms of trade C. single factoral terms of trade D. barter terms of trade

The nation's commodity terms of trade times the productivity index in its export sector gives the nation's A. income terms of trade B. double factoral terms of trade C. single factoral terms of trade D. barter terms of trade

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter23: The International Trade And Capital Flows

Section: Chapter Questions

Problem 41CTQ: Will nations that are more involved in foreign trade tend to have higher trade imbalances, lower...

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Question

The nation's commodity terms of trade times the productivity index in its export sector gives the nation's
O A. income terms of trade
B. double factoral terms of trade
C. single factoral terms of trade
D. barter terms of trade

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