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.
D
Economics
You might also like to view...
Total utility can be objectively measured in numbers that indicate usefulness or benefit to the consumer
a. True b. False Indicate whether the statement is true or false
Economics
Major macroeconomic issues include differences across countries in all of the following EXCEPT:
A. economic growth rates. B. inflation rates. C. infant mortality rates. D. unemployment rates.
Economics