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#59439 Bangla Language & Literature General Level 0

The 'terms of trade' of a country refers to--

  1. A the difference between the value of exports and the value of imports
  2. B the rate at which domestic currency can be sold in foreign exchange markets
  3. C the relationship between average import prices and average export prices
  4. D the system of tariff rates levied by the government of the country
Answer: C - the relationship between average import prices and average export prices

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