a) Explain the factors that might cause a fall in a country's terms of trade? (8 marks)
b) Discuss the view that unrestricted free trade has as many disadvantages as advantages? (12 marks)
I just need like just a few points for each one i can elaborate on, as this seems like a question which seems to come up time and time again for AS CIE Economics exams. Thank you!
What should I do?