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State four factors that may lead to unfavourable terms of trade.

State four factors that may lead to unfavourable terms of trade.

Answers


gideon
- Appreciation of foreign currency
- Higher increase in the price of imports
- Low/fall in demand for exports
- Depreciation/Devaluation of local currency
- Competition from similar export products
- Increase/high demand for imports
gideon1 answered the question on September 30, 2017 at 11:11

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