ILO:

a) Calculation of terms of trade
b) Factors influencing a country's terms of trade
c) Impact of changes in a country's terms of trade

Terms of trade

​Terms of Trade (2019 Update)
Terms of Trade

​Factors influencing a country’s terms of trade

Explain how Chinese demand for milk could impact New Zealand's TOT. (5 marks)
New Zealand dairy sector sours as milk boom ends I FT World Notebook
Examine two factors which could influence Africa's TOT in the future. (8 marks)
How Africa could one day rival China | The Economist
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Importance of TOT for development economics

Prebisch-Singer Hypothesis
Answer the following questions based upon the video:

What is meant by Prebisch-Singer Hypothesis?

Why is it related to growth and development in some LDC based upon what you've studies so far?

What alternatives would you suggest to support growth and development?

Additional reading:
http://www.economicsonline.co.uk/Global_economics/Policies_to_promote_development.html​