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Question 7 1 pts What is the equation for the terms of trade? World Price - Domestic Price (Pw - Pd) Total Exports - Total

Question 7 1 pts What is the equation for the terms of trade? World Price - Domestic Price (Pw - Pd) Total Exports - Total Imports (X - M) Total Exports/ Total Imports {X/M) Price of Exports/ Price of Imports (Px/ Pm)

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