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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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