Terms of trade is the
COMMERCE
WAEC 2005
Terms of trade is the
- A. rate at which the central bank discounts first class bills
- B. rate at which a country's exports exchange for its imports C. expected rate of returns on an investment
- C. expected rate of returns on an investment
- D. rate of payment for goods and services purchased
Correct Answer: C. expected rate of returns on an investment
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