Economics 9708 · AS & A Level · 6.3

6.3 — practice question

The table shows the terms of trade index for Brunei Darussalam during 2009 to 2012. What conclusion can be drawn from the table?

  • AExport prices were 34.5% higher in 2012 than in 2009.
  • BImport prices were 34.5% lower in 2012 than in 2009.
  • CThe ratio of export to import prices was 34.5% higher in 2012 than in 2009.
  • DThe terms of trade increased by 34.5% during 2012.

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