Calculation of income terms of trade

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Reference no: EM1368173

International Monetary Fund information indicate that, with 2000 = 100.0, Japan's export value index in 2006 was 95.3, its import price index in 2006 was 127.2, its export quantity index in 2006 was 142.4, and its import quantity index in 2006 was 120.0. Given this information, a calculation of Japan's "income" terms of trade for 2006 would give a result of

Reference no: EM1368173

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