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    Exam 10: Development: Causes of the Wealth and Poverty of Nations
  5. Question
    Explain Raúl Prebisch's Theory About the Terms of Trade for Less
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Explain Raúl Prebisch's Theory About the Terms of Trade for Less

Question 50

Question 50

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Explain Raúl Prebisch's theory about the terms of trade for less developed countries and their effect on the development policies implemented by poor countries.

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Prebisch claimed that,in principle,trade...

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