Business, 04.04.2020 11:00 Leonorareed5145
Unstable export markets, worsening terms of trade, and limited access to the markets in advanced countries are just a few of the problems that have plagued nations in Africa, Asia, Latin America, and Middle East. For example, developing countries have worsening terms of trade because of:.A) rising prices of exports relative to importsB) the high price elasticity of supplyC) falling prices of exports relative to imports
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