Answer:
The correct answer is option b.
Explanation:
The terms of trade is the ratio at which two countries exchange their goods. It is the ratio of exports and imports of a country. Terms of trade reflect the health of the economy.
It measures the number of goods a country can import in exchange for the goods it is exporting.
An increase in the price of exported goods will increase the terms of trade for a country. While an increase in the price of imported goods will cause it to decline.
Answer:
market is a composition of systems, institutions, procedures, social relations or infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services to buyers in exchange for money. It can be said that a market is the process by which the prices of goods and services are established. Markets facilitate trade and enable the distribution and allocation of resources in a society. Markets allow any trade-able item to be evaluated and priced. A market emerges more or less spontaneously or may be constructed deliberately by human interaction in order to enable the exchange of rights of services and goods. Markets generally supplant gift economies and are often held in place through rules and customs, such as a booth fee, competitive pricing, and source of goods for sale.
Explanation:
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Answer:
D. Customer-perceived value
Explanation:
Customer-perceived value -
It refers to the method of marketing , where the needs and wishes of the consumers are considered to be very important for the good and services to be successful , is referred to as customer - perceived value .
As when the company creates any product , the likes and dislike of the consumers are always given the priority , in order to get the best results .
Hence , from the given information of the question ,
The correct option is D. Customer-perceived value .