The exports of Uruguay, a developing country, are made essentially of primary commodities. A comparison between export prices received by Uruguay and the price paid for its imports shows the following: on average, export prices rose 40% between 2000 and 2010, while import prices went up by 150%. Index quantities exported by the country were Qx = 15 (in 2000), and Qx = 30 (in 2010).
Uruguay's income terms of trade (ITT) in 2000 were:
Group of answer choices
100.
1,680.
2,000.
250.
1,500.