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The term of trade often measured by the ratio of the index of export

The term of trade often measured by the ratio of the index of export
  • A.
    divided by the index of import prices multiplied by 100
  • B.
    multiplied by the index of import prices
  • C.
    plus the index of import prices multiplied by 100
  • D.
    minus the index of import prices
Correct Answer: Option A
Explanation