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Which one of the following would certainly cause the terms of trade to rise? Select one: a. An increase in import prices. b. An increase
Which one of the following would certainly cause the terms of trade to rise?
Select one:
a.
An increase in import prices.
b.
An increase in both export and import prices.
c.
An increase in export prices.
d.
An increase in export prices and a decrease in import prices.
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