Economics 9708 · AS & A Level · 6.3

6.3 — practice question

The prices of a country’s exports increase by 5% whereas the prices of its imports decrease by 5%. Which aspect of the country will certainly get better as a result of these changes?

  • Abalance of trade
  • Bcurrent account balance
  • Cexchange rate
  • Dterms of trade

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