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Concerning the hypothesis that the developing countries' terms of trade have been deteriorating, empirical studies provide a. mixed evidence that does not substantiate the deterioration
Concerning the hypothesis that the developing countries' terms of trade have been deteriorating, 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. mixed evidence that substantiates the deterioration hypothesis.
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