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For the Commodity Terms of Trade to Improve, a Country's

question 130

True/False

For the commodity terms of trade to improve, a country's export price index must rise relative to its import price index over a given time period.


Definitions:

Hypothesis

A testable statement about the nature of an observation or relationship. Compare with scientific theory.

Decomposers

Microbial heterotrophs that break down dead organic material and use the decomposition products as a source of energy. Also called saprotrophs or saprobes.

Ecosystem

A community of living organisms in conjunction with the nonliving components of their environment, interacting as a system.

Available Nutrients

Nutrients present in the environment that can be readily absorbed and used by organisms for growth and metabolism.

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