A-LevelEconomicsInternational economic issues9708/12 · May/June 2013 · Q221 Mark

Since 2000 a country's export prices have increased on average by 50% and its import prices by 25%. What is the current figure for the country's terms of trade (2000 = 100)?

A75

B83

C120

D125

✓ Correct answer

C: 120

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Topic: International economic issues, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, May/June 2013 Paper 1 Variant 2, question 22.

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