Q.

A single factoral terms of trade shows that a country’s factoral terms of trade improve as productivity

A. Remains constant in its export industries
B. Improves in its export industries
C. Deteriorates in its export industries
D. Increases in its import industries
Answer» B. Improves in its export industries
1k
0
Do you find this helpful?
16

View all MCQs in

International Trade

Discussion

No comments yet