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Raul Prebisch Was an Argentine Economist Who Argued That

Question 37

Multiple Choice

Raul Prebisch was an Argentine economist who argued that


A) the terms of trade would decline for primary commodity exports.
B) the terms of trade would decline for manufactured goods exports.
C) imports substitution policies were a solution to export pessimism.
D) Both A and C.
E) Both B and C.

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