Suppose that a large country experiences growth strongly biased
towards its exports
A. this will have no...
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Economics
Suppose that a large country experiences growth strongly biasedtowards its exports
A. this will have no effect on the country's terms of trade.
B. this will tend to improve the country's terms of trade.
C. this will tend to improve the terms of trade of the country'strading partner.
D. This will have no effect on the terms of trade for thecountry's trading partner.
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If a large country is experiencing growth strongly biased towards its exports then Bthis will tend to improve the countrys terms of tradeUsually a country is said to be in thedeveloping stage when export rate exceeds import rate AThis will have no effect on the countrys terms of tradeit is not the right option as a country facing growth towards its exports will definitely have impact on its tradeBoth rise or fall in export rate effect countrys terms of tradeIf in case a country experiences
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