ECONOMICS

JAMB 2000 - Question 48

Economics 2000 JAMB Past Questions - Question 48: A country's import price index by 1995 was 50 and her index of export price was 70. Calculate the terms of trade

Choose the most appropriate option for the gap .
A country's import price index by 1995 was 50 and her index of export price was 70. Calculate the terms of trade
A:
B:
C:
D:
Examkits App

Examkit's JAMB CBT App

Practice JAMB offline with our Online, PC and Mobile App

  • ✅ 25+ years of past questions (2000 to 2025)
  • ✅ Video solutions and explanation to questions
  • ✅ E-library
  • ✅ Study by topic
  • ✅ And more.

Correct Answer

D

Explanation