Global economics analyzes trade interactions, currency values, and financial flows. Terms of Trade (ToT)
The booklet shows: [ \textTax burden on consumer = \frac\textPES\textPED + PES \times \textTax ] ib economics hl formula booklet repack
[ \textTOT = \frac\textExport price index\textImport price index \times 100 ] Global economics analyzes trade interactions