Question:

Explain with example single n Double factorial terms of trade?

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I m BBA student need notes on foreign trade,if u hav got,plz upload them or give me the link.

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  1. ♦ The single factorial terms of trade - is the net barter terms of trade adjusted for changes in the productivity of exports.

    ♦ The double factorial terms of trade - adjusts for both the productivity of exports and the productivity of imports.

    Can't give you examples though.

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