Which of the Following Could Explain Why the Terms of Trade

question 15

Multiple Choice

Which of the following could explain why the terms of trade of developing countries might deteriorate over time?

• A) Developing country exports consist mainly of manufactured goods.
• B) Developing country exports consist mainly of primary products.
• C) Commodity export prices are determined in highly competitive markets.
• D) Commodity export prices are solely determined by developing countries.
• E) Developing country exports are too diverse.

---

Definitions:

Marriage

A legally recognized union between two people, traditionally a man and a woman, establishing rights and obligations between them and any children.

Assignment

The process of transferring responsibilities, properties, or legal rights between parties.

Delegation

The act of transferring authority and responsibility from one person or entity to another, often within an organizational context.

Lawsuit

A legal action or proceeding brought by one party against another in a court of law, often to obtain a remedy or enforce rights.