Economics · Economics
According to the Prebisch-Singer hypothesis, the secular deterioration in the terms of trade occurs for which category of countries?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both Developed and Developing countries
- 2Underdeveloped countries exclusively
- 3Developing countries✓
- 4Developed countries
Correct answer
Developing countries
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