The Terms of Trade Refers to

question 56

Multiple Choice

The terms of trade refers to

• A)the rules and regulations that countries must adhere to when trading.
• B)the ratio at which a country can trade its exports for imports from other countries.
• C)the role of the government in overseeing international trade.
• D)a legal document that specifies the trade quantities agreed to by two countries.

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Definitions:

Internal Sphincter

A ring of muscle that surrounds and closes a natural bodily passageway, functioning involuntarily.

External Sphincter

A circular muscle that helps control the expulsion of feces from the anal canal or urine from the bladder.

Large Intestine

A part of the digestive system responsible for absorbing water and electrolytes, forming and storing feces.

Interconversion

The process of converting one form of a substance or energy into another form.