Hey there, it is D.
Terms of trade is an index which is calculated by the formula:
ToT = XPI/MPI
As such, for year 1, the ToT was 100/110 = 90.9
and for year 2, the ToT was 110/112 = 98.2
As such:
-the ToT have improved over the period, rather than worsened/deteriorated as B...