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Concerning the Hypothesis That There Has Occurred a Long-Run Deterioration

Question 27

Multiple Choice
Concerning the hypothesis that there has occurred a long-run deterioration in the developing countries' terms of trade,empirical studies provide:
A) Mixed evidence that does not substantiate the deterioration hypothesis
B) Overwhelming support for the deterioration hypothesis
C) Overwhelming opposition to the deterioration hypothesis
D) None of the above

Concerning the hypothesis that there has occurred a long-run deterioration in the developing countries' terms of trade,empirical studies provide:


A) Mixed evidence that does not substantiate the deterioration hypothesis
B) Overwhelming support for the deterioration hypothesis
C) Overwhelming opposition to the deterioration hypothesis
D) None of the above

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