Economics 9708 · AS & A Level · 6.4

6.4 — practice question

Which of the following will certainly affect a country’s terms of trade? 1 a rise in the price of imported raw materials 2 a change in inflation rates 3 an appreciation of the exchange rate

  • A1, 2 and 3
  • B1 and 2 only
  • C1 and 3 only
  • D2 and 3 only

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