Which of the Following Is Likely to Improve a Country's

question 60

Multiple Choice

Which of the following is likely to improve a country's terms of trade?

• A) The price of its imports rises relative to the price of its exports.
• B) Its comparative advantage in the production of a good reduces.
• C) The demand for its exports rises.
• D) The cost of production of domestic goods rises.

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Definitions:

Discouraged

Feeling a loss of confidence or enthusiasm; disheartened.

Hopeless

A state of despair in which an individual feels that their situation is beyond improvement, often associated with depression.

Incorrectly Labeled

Referring to products or items that have been wrongly tagged or identified, potentially leading to confusion or misuse.

Charismatic Church

A Christian religious congregation that emphasizes personal faith experiences, spiritual gifts, and charismatic expressions of worship.