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International Economics — Economics STD 12 — Question

Tamilnadu BoardEnglish MediumSTD 12EconomicsInternational Economics1 Mark
MCQ
Which of the following is correctly matched.
  • ✓
    $T_N=\left(P_x / P_m\right) \times 100-\text { Net Barter Term of Trade }$
  • B
    $T=\left(Q_m / Q_x\right) \times 100-\text { Income Terms of Trade }$
  • C
    $T_y=\left(P_x / P_m\right) Q_x-\text { Gross Barter Terms of Trade }$
  • D
    $T_{f f}=\left(P_x / P_m\right)\left(F_x / F_m\right)-\text { Single Factoral Terms of Trade }$
✓

Answer

Correct option: A.
$T_N=\left(P_x / P_m\right) \times 100-\text { Net Barter Term of Trade }$
$T_N=\left(P_x / P_m\right) \times 100-\text { Net Barter Term of Trade }$

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