If a small country cannot influence its terms of trade, why is it that small developing countries

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If a small country cannot influence its terms of trade, why is it that small developing countries may have experienced a decline in their terms of trade over time?

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International Economics

ISBN: 9780078021671

8th Edition

Authors: Dennis Appleyard, Alfred Field

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Question Posted: Dec 02, 2015 04:23 AM

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If a small country cannot influence its terms of trade, why is it that small developing countries

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Even if small developing countries are truly small in the sense that they cannot by their own action...View the full answer

International Economics

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