Terms of trade refers to?

Terms of trade refers to?
  • A.
    agreement between two trading countries
  • B.
    conditions attached to specific trade transaction
  • C.
    the relationship between export and import prices
  • D.
    , the difference between the value imports and exports
  • E.
    all payments made-to other countries and receipts from them
Correct Answer: Option C
Explanation
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