Utme 2017 Economics Question 35

Practice objective / multiple choice question 35 from the 2017 Utme Economics examination. This question covers International Trade .

Utme 2017 Economics Objective / Multiple Choice 2 Difficulty
Topic: International Trade
Question 35 UTME • 2017 • ECONOMICS • objective

The expression 'Terms of trade' is used to describe

Answer Options

A. import licensing
B. the quality of exports
Correct Answer C. the direction of foreign trade
D. Terms of purchases on deferred payment basis
Correct Answer
C
Correct Option:
the direction of foreign trade

About This Question

This is Utme 2017 Economics Question 35. It is one of the objective questions from the 2017 Utme Economics examination.

The question covers International Trade .

Difficulty level: 2 .

View More Utme 2017 Economics Questions More Utme Practice Questions Back to Questions

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