Anushka Asked a Question
April 19, 2021 5:53 pmpts 30 pts
shouldn't answer be 1.. it's given 3...................
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  • Ravindra nath mahto
    Assertion is absolutely right that income terms of trade is an indicator of capacity to import. Because higher the income means higher the ability to pay for imports and vice-versa...
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  • Reshma gupta Best Answer
    income terms of trade are multiplication of net barter terms of trade and quantity of the export not import. that's why reason is wrong. only assertion is correct.
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