Developing countries contend that their terms of trade have worsened in the last 100 years, but it is difficult to prove this for all developing countries.

Question

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The assertion that developing countries' terms of trade have worsened over the last century is a common argument, but given the diversity and varying economic trajectories of developing countries, it is challenging to universally prove this statement for all such nations.

Developing Countries Contend That Their Terms of Trade Have Worsened