Explain - based on the model of Stopford/Rostow - the different implications of a 6 % GDP
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Question:
Explain - based on the model of Stopford/Rostow - the different implications of a 6 % GDP increase for the maritime trade of economies like China/India on the one hand side and Germany/Japan on the other hand side.
Which major developments are likely to be observed in the seaborne trade, as far as the commodities oil and iron ore are considered? How are Stopford/Rostow explaining this?
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