Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Business Studies Finance and Trade International Trade
An economy exports 25 units of good X at a price of 10 per unit and imports 20 units of good Y at a price of 15 per unit. What would be the Single Factoral Terms of Trade?
1
75%
2
60%
3
83.33%
4
150 %