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Foreıgn Trade
Foreıgn Trade Deneme Sınavı
Foreıgn Trade Deneme Sınavı Sorusu #1405212
Foreıgn Trade Deneme Sınavı Sorusu #1405212
Which of the followings refers to the notion that is found by the ratio of the price index of its exports to the price index of its imports?
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Volume of trade. |
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Balance of trade. |
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Trade surplus. |
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Trade deficit. |
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Terms of trade. |
Yanıt Açıklaması:
Terms of trade: Another key term which is used within the scope of international trade is terms of trade. Terms of trade of a nation are found by the ratio of the price index of its exports to the price index of its imports. Therefore, the correct option is E.
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