Economics · Economics
Which economist argued that less developed countries (LDCs) tend to experience a decline in their terms of trade?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Bhagwati-Krueger
- 2Prebisch-Singer✓
- 3Samuelson-Stolper
- 4MacBean-Snowden
Correct answer
Prebisch-Singer
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