Welcome to Westonci.ca, where your questions are met with accurate answers from a community of experts and enthusiasts. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

1.1.5 An index that measures prices of imported goods as they enter the country is known as a:

A. consumer price index
B. basket price index
C. market price index
D. producer price index


Sagot :

Final answer:

The International Price Index measures prices of imported goods entering a country and plays a significant role in analyzing global trade and economic stability.


Explanation:

International Price Index is an index that measures prices of imported goods as they enter a country. It is used to track the price movements of goods and services that are traded internationally, reflecting changes in global trade.

The International Price Index helps in understanding how prices of imported goods impact the economy and inflation rates. By analyzing this index, policymakers and economists can make informed decisions regarding trade policies and economic stability.


Learn more about International Price Index here:

https://brainly.com/question/29604896