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Recent trends in trade among developing countries (Английский)

This paper presents the early results of empirical work on trade among developing countries. The main conclusion is that non-fuel trade among developing countries, excluding capital surplus oil exporters, remained a remarkably stable share of their total trade between 1963 and 1977. This constancy does, however, conceal two opposing trends: the share of manufactures exported to developing countries has been falling sharply, while that of non-fuel...
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