Waec 2022 Economics Question 47

Practice objective / multiple choice question 47 from the 2022 Waec Economics examination. This question covers International Trade .

Waec 2022 Economics Objective / Multiple Choice 2 Difficulty
Topic: International Trade
Question 47 WAEC • 2022 • ECONOMICS • objective

Given that a country's index of export price is 18.00 and that of import price is 2.00, the terms of trade is A.

Answer Options

Correct Answer A. 0.09
B. 2.00
C. 90.00
D. 380.00
Correct Answer
A
Correct Option:
0.09

About This Question

This is Waec 2022 Economics Question 47. It is one of the objective questions from the 2022 Waec Economics examination.

The question covers International Trade .

Difficulty level: 2 .

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