4.1.4 Terms of trade
Subdecks (3)
c)Impact of changes in a country's terms of trade
Paper 2- UK economy performance & policies > Theme 4: A global perspective > 4.1 International economics > 4.1.4 Terms of trade16 cardsb)Factors influencing a country’s terms of trade
Paper 2- UK economy performance & policies > Theme 4: A global perspective > 4.1 International economics > 4.1.4 Terms of trade20 cardsa) Calculation of terms of trade
Paper 2- UK economy performance & policies > Theme 4: A global perspective > 4.1 International economics > 4.1.4 Terms of trade3 cards
Cards (43)
- What do terms of trade refer to?
- How can the relative price of imports and exports affect a country's standard of living?
- What is the benefit of exporting goods that are highly priced?
- What do the terms of trade capture?