Economics · International Economics
Match the Terms of Trade in List-I with their correct formulas in List-II: List-I: P. Commodity Terms of Trade Q. Income Terms of Trade R. Gross Barter Terms of Trade S. Single Factoral Terms of Trade List-II: (i) T = QmQx (ii) T = PxPm × Fx (iii) T = PxPm (iv) T = PxPm × Qx
- 1P-(iv), Q-(iii), R-(ii), S-(i)
- 2P-(iii), Q-(iv), R-(i), S-(ii)✓
- 3P-(iii), Q-(i), R-(ii), S-(iv)
- 4P-(iii), Q-(iv), R-(ii), S-(i)
Correct answer
P-(iii), Q-(iv), R-(i), S-(ii)
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