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Merlin891 Merlin891
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A year ago
If, over a period of a year, a country's import price index rises from 100 to 120 and its export price index rises from 100 to 110, its index for the terms of trade has

▸ risen from 100 to 110.

▸ fallen to 91.67.

▸ risen from 100 to 120.

▸ risen to 109.09.

▸ fallen from 110 to 100.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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ecunis1ecunis1
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A year ago
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Merlin891 Author
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A year ago
Brilliant ツ
MLynneMcMillan
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Thanks for your help!!
loki1345
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This calls for a celebration Person Raising Both Hands in Celebration
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