The commodity Terms of Trade (Net Barter Terms of Trade) is represented mathematically by which formula?

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Economics · International Trade

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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Terms of Trade = Export Price Index / Import Price Index

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Answer 1

Terms of Trade = Import Supply / Export Demand

Answer 2

Terms of Trade = Export Demand / Export Price Index

Answer 3

Terms of Trade = Export Price Index / Import Price Index

Answer 4

Terms of Trade = Import Price Index / Export Price Index

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