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Prebisch Singer Hypothesis

Level:
A-Level
Board:
AQA, Edexcel, IB, OCR

Last updated 3 Jul 2018

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The Prebisch-Singer Hypothesis (PSH) is more of an observation rather than a complex theory. It suggests that over the long run the price of primary goods such as coal, coffee cocoa declines in proportion to manufactured goods such as cars, washing machines and computers

Prebisch Singer Hypothesis - revision video
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