Economics 9708 · AS & A Level · 6.3

6.3 — practice question

From 2005 to 2010, import prices in a country increased by 25% and its terms of trade increased to 120 (2005 = 100). What change occurred in the country’s export prices?

  • A–5%
  • B12.5%
  • C45%
  • D50%

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