Declining terms of trade refers to a. a lowering of trade ...

[ahriuashd]

Declining terms of trade refers to
 
  a. a lowering of trade barriers around the world.
  b. products from developing nations that compete primarily on price rather than quality.
  c. lower prices for exports but steady or rising prices for imports.
  d. higher interest rates for developing states that defaulted on loans.

Question 2

The idea of including labor and safety standards in trade agreements is one example of the movement for ___________________ _.
 
  Fill in the blank(s) with correct word

[robbielu01]

Answer to Question 1

C

Answer to Question 2

fair trade