The ratio at which one country trades a domestic product for imported product is that country's

A) absolute advantage.
B) comparative advantage.
C) cost ratio.
D) terms of trade.

Terms of Trade

The ratio between a country's export prices and its import prices.

Imported Product

Assets or services sourced from outside a country and brought in for the objective of sales.

Domestic Product

The total value of all goods and services produced within a country's borders in a specified time period.