According to Nurkse,international trade was an engine of growth for:

Question

Quizplus · Accepted Answer

Nurkse argued that international trade was an engine of growth for regions of recent settlements during the 19th century, as it enabled these areas to export primary products and import manufactured goods, thus facilitating their economic development. For developed nations during the 20th century, however, Nurkse believed that international trade would not necessarily lead to economic growth, as these countries already had established industrial sectors and could face competition from developing countries that could produce the same goods at a lower cost.

According to Nurkse,international Trade Was an Engine of Growth For