MCQOPTIONS
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| 1. |
Concerning the hypothesis that there has occurred a long run deterioration in the developing countries terms of trade empirical studies provide ? |
| A. | mixed evidence that does not substantiate the deterioration hypothesis |
| B. | overwhelming support for the deterioration hypothesis |
| C. | overwhelming opposition to the deterioration hypothesis |
| D. | None of the above |
| Answer» B. overwhelming support for the deterioration hypothesis | |