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Question 28 (8 points) The modern endowment theory of trade is defined based on surpluses of underutilized resources. It argues that opening world markets to

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Question 28 (8 points) The modern endowment theory of trade is defined based on surpluses of underutilized resources. It argues that opening world markets to developing countries through international trade helps those countries to make better use of formerly underutilized land and labour resources. They produce larger quantities of primary products, the surpluses of which can be exported. Do you agree or disagree with this statement? You cannot choose both agree and disagree. Type if you agree or disagree first, then shortly explain your reasoning with a paragraph in the context of the textbook of this course

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