Business, 10.12.2019 04:31 badgirl2005

The terms of trade reflect the:
a. rate at which gold exchanges internationally for any domestic currency.
b. ratio at which nations will exchange two goods.
c. fact that the gains from trade will be equally divided.
d. cost conditions embodied in a single country's production possibilities curve.

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The terms of trade reflect the:
a. rate at which gold exchanges internationally for any dome...