1. Using the table below, Calculate the Net Barter term of trade for each year using 2010 as the base year.

YEAR	PRICE OF EXPORTS	PRICE OF IMPORTS	QUANTITY EXPORTED
2010	100	100	100
2011	95	120	110
2012	80	110	120

1. Using the information provided above calculate the Income Term of trade. What can be observed between the Net Barter Term of trade and Income term of trade calculated.
2. d. Explain he differences between the Ohlin and Leontif theory on factor abundance.