MCQ Hive stays free thanks to ads. Please disable your ad blocker for this site so content and features keep working.
Economics Mcqs
Q
Developing countries that concentrate production in agricultural products or raw materials may face a long-run decline in their international terms of trade because of ?
AA. Inelastic demand for these products in advanced countries
BB. Large increases in the supplies of these products on world markets because of export expansion policies
CC. Sluggish demand for these products in advanced countries