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Relationship (the ratio) between the price of a typical unit of export (Px) & the price of typical unit of import (Pm) is called: a.Price

Relationship (the ratio) between the price of a typical unit of export (Px) & the price of typical unit of import (Pm) is called:

a.Price elasticity of demand

b.Comparative advantage.

c.Commodity terms of trade.

d.Export earning instability

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