Why might developing nations that focus on exporting raw materials or agricultural products experience a long-term worsening of their international terms of trade?

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Explanation

Developing countries that rely heavily on exporting raw materials or agricultural commodities often face a long-term decline in their terms of trade because demand for these products tends to be weak or sluggish in developed countries, limiting price growth and income from exports.

Why might developing nations that focus on exporting… — Trade Policies For the Developing Nations | PakQuizHub