Which one of the following is not a reason for adverse terms of trade of developing countries? Select one: a) Diversifying b) Restriction on imports by developed economies c) Producing primary products d) Producing secondary products e) Economies of scale
Which one of the following is not a reason for adverse terms of trade of developing countries? Select one: a) Diversifying b) Restriction on imports by developed economies c) Producing primary products d) Producing secondary products e) Economies of scale
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter17: Growth And Less Developed Countries
Section: Chapter Questions
Problem 14SQ
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Question
Which one of the following is not a reason for adverse terms of trade of developing countries?
Select one:
a) Diversifying
b) Restriction on imports by developed economies
c) Producing primary products
d) Producing secondary products
e) Economies of scale
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