Question: This chapter has indicated that diversification of the LDCs export bundles so that they contain relatively more manufactured goods could potentially alleviate both the instability

This chapter has indicated that diversification of the LDCs’ export bundles so that they contain relatively more manufactured goods could potentially alleviate both the instability problem and the possible terms-of-trade problem. Why so? In your view, would such diversification necessarily help developing countries? Explain.

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