If a Country's Terms of Trade Improve,it Must Exchange More

question 136

True/False

If a country's terms of trade improve,it must exchange more exports for a given amount of imports.

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Definitions:

Stipulating

Specifying a requirement or condition in an agreement or proposition.

Written Communication

The process of conveying messages or information through the written word.

Face-To-Face Conversation

Direct communication between two or more individuals in the same physical space, allowing for verbal and non-verbal cues.

Misunderstanding

A failure to understand correctly; an incorrect interpretation or perception of a statement, situation, or intention.