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The growth of China and India in world markets : opportunity or threat for Latin American exporters? (Английский)

This paper explores whether the rapid growth of China and India in world markets is a threat or an opportunity to Latin America and Caribbean (LAC) exporters. First, the authors focus on the opportunity that the rapid growth of China and India's markets offer to LAC exporters. Using a gravity model, we measure the impact that China and India's demand growth had on LAC exports. We then focus on the threat or hidden opportunity that the growth of China...
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