International economics

Table of Contents

1. Topic pack - International economics - introduction
2. Section 3.1 International trade (notes)
3. Section 3.1 International trade (questions)
4. Section 3.1 International trade - simulations and activities
5. Section 3.2 Exchange rates (notes)
6. Section 3.2 Exchange rates - questions
7. Section 3.2 Exchange rates - simulations and activities
8. Section 3.3 Balance of payments - notes
9. Section 3.3 Balance of payments - questions
10. Section 3.4 Economic integration - notes
11. Section 3.4 Economic integration - questions
12. Section 3.5 Terms of trade - notes
13. Section 3.5 Terms of trade - questions
    1. Impact of terms of trade - essays
    2. Malawi's Economic Direction
14. Print View

Impact of terms of trade - essays

Question 1

An improvement on the current account of the balance of payments might come about as a result of a deterioration in the terms of trade. Explain why this might be so.

Question 2

(a) Identify reasons for changes in the terms of trade.
(b) Identify and explain reasons for the deterioration of the terms of trade in many developing countries.
(c) Evaluate the impact on developing countries of a long term worsening in their terms of trade.