Terms of trade of a country: A. Mean the trade agreement between trading countries B. Is another name of exchange ratio of two currencies C. Show the ratio between total export earnings and import bill of a country D. Are determined by the price index of export and import goods

Terms of trade of a country: A. Mean the trade agreement between trad

1.	Terms of trade of a country: A. Mean the trade agreement between trading countries B. Is another name of exchange ratio of two currencies C. Show the ratio between total export earnings and import bill of a country D. Are determined by the price index of export and import goods
Answer» C. Show the ratio between total export earnings and import bill of a country