Question: What is meant by the commodity, or net barter, terms of trade? The income terms of trade? The single factoral terms of trade? The double

What is meant by the commodity, or net barter, terms of trade? The income terms of trade? The single factoral terms of trade? The double factoral terms of trade? Which are the most significant terms of trade for developing nations? Why?

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Commodity or net barter terms of trade N is the ratio of the price index of the nations exports P X ... View full answer

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