Economics 9708 · AS & A Level · International trade and free trade

International trade and free trade — practice question

Which single combination of price changes has to lead to a worsening of the country’s terms of trade?

Aaverage price of exports falls; average price of imports falls
Baverage price of exports falls; average price of imports rises
Caverage price of exports rises; average price of imports falls
Daverage price of exports rises; average price of imports rises

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