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The mid 19th century Ottoman economy was basically agrarian, thus farm products constituted roughly 80 % of both GDP and tax revenues. Did this structure

The mid 19th century Ottoman economy was basically agrarian, thus farm products constituted roughly 80 % of both GDP and tax revenues. Did this structure have an impact on the Ottoman Treasurys need to borrow say from BIO? (Hint: it is said finance smoothes income/expenditure mismatches. Also note that taking the smoothing period as a whole, say 1 year, total income = total expenditures.)

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