The Trade Weighted Index (TWI)is a Measure of The

question 7

Multiple Choice

The trade weighted index (TWI) is a measure of the:

• A)difference between exports and imports, to establish the balance of trade on goods and services.
• B)value of the Australian dollar against a basket of currencies of its major trading partners.
• C)volume of international trade throughout the world.
• D)price changes in goods and services traded between Australia and the rest of the world.

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Definitions:

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GLOBE Leadership Matrix

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