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Assume 1990 to Be the Base Year

question 200

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Assume 1990 to be the base year.If by the end of 2004 a country's export price index rose from 100 to 140 while its import price index rose from 100 to 160, its terms of trade would equal 120.


Definitions:

Moral Development

The changes in people’s sense of justice and of what is right and wrong, and in their behavior related to moral issues.

Self-Sacrifice

The act of giving up one's own interests, desires, or well-being for the benefit of others or for a cause.

Individual Survival

The ability of an organism to endure and continue living in its environment through adaptation, resource acquisition, and avoiding risks.

Nonviolence

A philosophy or strategy of conflict resolution that rejects the use of physical violence in order to achieve social or political change.

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