Question: Using 1990 as the base year (= 100), suppose Egypt's terms of trade in 2010 were 60. Explain what that means for Egypt in 2010

Using 1990 as the base year (= 100), suppose Egypt's terms of trade in 2010 were 60. Explain what that means for Egypt in 2010 compared to Egypt in 1990.

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Using 1990 as the base year (= 100), suppose Egypts terms of trade in 2010 were 60. Explain what that means for Egypt in 2010 compared to Egypt in 1990.

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