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      Question

      In Offer Curve (OC) is defined as the locus of pairs of

      its export offer and import demand at different.
      A Balance of Payment (BOP) Correct Answer Incorrect Answer
      B Terms of Payment (TOP) Correct Answer Incorrect Answer
      C Terms of Payment (TOP) Correct Answer Incorrect Answer
      D Terms of Trade (TOT) Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      The correct answer is D

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