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Author Question: If Canada's index of export prices is 250 and the index of import prices is 200, then the index of ... (Read 59 times)

aeb093

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Question 1

Suppose Canada's terms of trade rises from 212 to 236. This change is said to be
◦ a deterioration.
◦ neutral.
◦ unfavourable.
◦ prudent, since the rule of 72 is not violated.
◦ favourable.

Question 2

If Canada's index of export prices is 250 and the index of import prices is 200, then the index of the terms of trade is
◦ 50
◦ 0.8.
◦ 125.
◦ 1.25.
◦ 80.


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Marked as best answer by aeb093 on Oct 12, 2022

wangyichun

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aeb093

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Reply 2 on: Oct 12, 2022
:D TYSM


nathang24

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Reply 3 on: Yesterday
Excellent

 

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