An Increase in a Country's Net Commodity Terms of Trade

question 21

Multiple Choice

An increase in a country's net commodity terms of trade will

• A)always increase the country's real income.
• B)not always guarantee positive changes in the country's economy.
• C)always increase the country's economic welfare.
• D)never increase the country's quantity of exports.
• E)always increase the country's production of its import competing good.

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