Economics 9708 · AS & A Level · 6.3

6.3 — practice question

How do you calculate the terms of trade index?

  • Aindex price import / index price export × 100
  • Btraded exports of quantity index price export × 100
  • Cindex price export / index price import × 100
  • Dtraded exports of quantity / traded imports of quantity × 100

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