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Terms of Trade Explained in 60 Seconds | SS2 Economics Made Easy

YouTubeEconomics Essentials

Terms of Trade Explained in 60 Seconds | SS2 Economics Made Easy

Ever wondered how economists measure whether a country is gaining or losing in international trade? That’s what Terms of Trade is all about! In this quick SS2 Economics short, we explain: The meaning of Terms of Trade The simple formula you must know How to interpret gains and losses in trade Perfect for SS2 students preparing for WAEC, NECO ...

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