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Terms of trade is the?

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Commerce WAEC 2005

Terms of trade is the?

  • rate at which the central bank discounts first class bills
  • rate at which a country's exports exchange for its imports checkmark
  • expected rate of returns on an investment
  • rate of payment for goods and services purchased

The correct answer is: B

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
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