Net Barter Terms of Trade is defined as the ration of?

Question

A) quality of exports to imports
B) value of exports to the value of imports
C)Export prices to the import prices
D) Consumer price index to the inflation rate
Which is the correct answer?

Answer 1

The correct answer is C) Export prices to the import prices.

Net Barter Terms of Trade represents the ratio of the price of a country's exports to the price of its imports, indicating the relative value of what a country earns from exports compared to what it pays for imports.