Using the table below, Calculate the Net Barter term of trade for each year using 2010 as the base year. YEAR PRICE OF EXPORTS PRICE OF IMPORTS QUANTITY EXPORTED 2010 100 100 100 2011 95 120 110

Economics (MindTap Course List)
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ISBN:9781337617383
Author:Roger A. Arnold
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Chapter34: International Finance
Section34.3: Fixed Exchange Rates
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Using the table below, Calculate the Net Barter term of trade for each year using 2010 as the base year.

YEAR

PRICE OF EXPORTS

PRICE OF IMPORTS

QUANTITY EXPORTED

2010

100

100

100

2011

95

120

110

2012

80

110

120

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