Terms of Trade Flashcards
1
Q
Countries with a favourable ToT
A
Saudi Arabia (oil)
Qatar
Russia
2
Q
Countries with an unfavourable ToT
A
India
Sub Saharan African Countries reliant on commodity prices (Kenya, Tanzania)
Countries with a favourable ToT
Saudi Arabia (oil)
Qatar
Russia
Countries with an unfavourable ToT
India
Sub Saharan African Countries reliant on commodity prices (Kenya, Tanzania)