Economics (AS & A Level) · Feb / March 2022 · Paper 12 · Question 25

The prices of a country's exports rise by 5% while the prices of its imports fall by 5%. What will definitely improve in the country as a result of these changes?

1. Abalance of trade
2. Bcurrent account balance
3. Cexchange rate
4. Dterms of trade

As printed in the paper