The Price of Exports Divided by the Price of Imports

question 18

Multiple Choice

The price of exports divided by the price of imports is known as:

• A) industrial structure
• B) terms of trade
• C) portfolio capital
• D) structure of protection
• E) GDP per capita

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Definitions:

Opinion

A personal view, attitude, or appraisal formed about something, not necessarily based on fact or knowledge.

Central Tendency Bias

A tendency to rate all individuals or situations as average or neutral, avoiding extreme judgments in assessments.

Rating Errors

Mistakes or biases that occur when evaluating or assessing an individual's performance or attributes.

Administrative Tasks

Routine duties related to the management and execution of office functions, including paperwork, scheduling, and record keeping.