Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
tennisalex tennisalex
wrote...
Go to Answer
Posts: 157
Rep: 0 0
A year ago
Consider Canada's terms of trade. Canada is a net exporter of oil. An increase in the world price of oil, ceteris paribus, means that Canada's terms of trade will

▸ improve.

▸ deteriorate.

▸ not change.

▸ deteriorate as long as Canada exports more oil than it imports.

▸ improve as long as all of Canada's production of oil is being exported.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
Read 26 times
1 Reply
Replies
Answer verified by a subject expert
clubber25clubber25
wrote...
#1
Posts: 135
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

tennisalex Author
wrote...

A year ago
Helped a lot
prime7105
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
jakechambo3
wrote...

2 hours ago
Thanks for your help!!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1370 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 191
  
 844
  
 163
Your Opinion
What's your favorite math subject?
Votes: 293
Previous poll results: What's your favorite coffee beverage?