8. Economic growth is just as likely to worsen a countrys terms of trade as it is...
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8. Economic growth is just as likely to worsen a country’s terms of trade as it is to improve them. Why, then, do most economists regard immiserizing growth, where growth actually hurts the growing country, as unlikely in practice?
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Related Book For
International Finance Theory And Policy
ISBN: 9781292019550
10th Edition
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
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