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. Terms of trade is (a) the ratio of imports / exports (b) the ratio of exports/imports © the ratio of goods/services (d) the ratio of land/labour

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. Terms of trade is  
(a) the ratio of imports / exports
(b) the ratio of exports/imports
© the ratio of goods/services
(d) the ratio of land/labour
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(b) the ratio of exports/imports
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