(Table: the Prices of Ghana's Exports and Imports) Suppose That

question 43

Multiple Choice

(Table: The Prices of Ghana's Exports and Imports) Suppose that the table gives values of price indices for Ghana's exports and imports in 2012 and in 2014. Did Ghana's terms of trade improve, deteriorate, or remain unchanged between 2012 and 2014?

• A) The terms of trade improved.
• B) The terms of trade deteriorated.
• C) The terms of trade remained unchanged.

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Definitions:

Prediction

The act of forecasting or estimating future events based on data or insights.

Drunk Drivers

Individuals who operate a vehicle while under the influence of alcohol beyond legal limits, posing risks to safety.

Common Sense

Sound practical judgment concerning everyday matters, or a basic ability to perceive, understand, and judge in a manner that is shared by nearly all people.

Prediction

The act of making an educated guess about a future event or outcome based on current data or observations.