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Author Question: What are the "terms of trade"? (Read 28 times)

xjustxicex

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on: Oct 12, 2022
What are the "terms of trade"?
◦ the difference in opportunity costs between two countries
◦ the quantity of domestic goods that must be exported to get a unit of imported goods
◦ the quantity of imports that must be purchased to sell a unit of exported goods
◦ the amount of absolute advantage held by one country over another
◦ the conditions under which trade takes place, as established by the World Trade Organization
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by xjustxicex on Oct 12, 2022

heathercab

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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xjustxicex

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

cdmart10

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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