A country’s import price index by 1995 was 50 and her index of export price…

A country’s import price index by 1995 was 50 and her index of export price was 70. Calculate the terms of trade?
  • A.
    20%
  • B.
    71%
  • C.
    120%
  • D.
    140%
Correct Answer: Option D
Explanation
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