There is an improvement in the terms of trade of a countr...
There is an improvement in the terms of trade of a country if
A large quantity of exports is given up to obtain a unit of imports
The volume of exports is greater than the volume of imports
A smaller quantity of exports is given up to obtain a unit of imports
The value of exports is greater than the value of imports
Correct answer is D
No explanation has been provided for this answer.
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