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Hans Singer and Raul Prebisch Observed That __________________

Question 23

Multiple Choice

Hans Singer and Raul Prebisch observed that __________________.


A) developing countries usually exported agricultural and mineral commodities while importing manufactured goods
B) developing countries usually exported manufacturing goods and exploited other developing countries for agricultural and mineral commodities
C) developing countries exported finished manufactured goods to developed countries
D) industrialization in developing countries could achieve large profits in its early stages
E) developing countries should reinvest profits from industrialization in technology adaptation and innovation to make economic development self-sustaining

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