Economics · International Trade
The Prebisch-Singer hypothesis is primary related to which of the following?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The relationship between income inequality and economic growth in developing countries.
- 2The multi-dimensional prevalence of absolute poverty in developing countries.
- 3The long-term secular decline in the terms of trade of primary commodity-exporting developing countries.✓
- 4The balance of payments structural problem of developing countries.
Correct answer
The long-term secular decline in the terms of trade of primary commodity-exporting developing countries.
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