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If the relative price of cloth were to increase in the international marketplace, then terms of trade improve for all exporters and worsen for all

If the relative price of cloth were to increase in the international marketplace, then terms of trade

improve for all exporters and worsen for all importers of cloth

worsen for all countries trading in cloth

improve for all countries trading in cloth

improve only for the large exporters of cloth

worsen for cloth exporters and improve for importers of cloth

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