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Raul Prebisch,Hans Singer,and Other Economists Argued That,over the Long Run,prices

Question 22

Multiple Choice

Raul Prebisch,Hans Singer,and other economists argued that,over the long run,prices for primary commodity exports on the world markets tend to fall relative to prices of manufactured goods.This concept is known as:


A) export pessimism.
B) import optimism.
C) export cynicism.
D) trade confidence.

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