If import prices rse more than export prices, terms of trade have _

Related MCQs

• When many commodities are traded terms of trade is expresed as _ of its export pricr to import price
• The ratio of price of export to price of import is called
• According to H-O theory, International trade is, but a pecial case of _ _ trade.
• The limitations of Commodty terms of trade gave rise to _
• A favourable terms of trade indicates _ imports for given exports
•     _ _ introduced the concept of Gross barter terms of trade
• Single factoral terms of trade take in to account
• Terms of trade of less developed countries are generally unfavourable because
• According to J S Mill, equilibrium terms of trade is determined by __ demand
• Import embargo is an important retaiatory measure against_ _.