Economics (AS & A Level) · Oct / Nov 2022 · Paper 13 · Question 23
9708The reasons for international trade
The price and volume indexes of a country's imports and exports are shown in the table, for year 2 [year 1 = 100]. What is the country's terms of trade index for year 2?
- A90.9
- B97.8
- C110.0
- D111.0
As printed in the paper
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Correct answer: C. 110.0
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