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Global economic crisis and vertical specialization in developing countries (Inglés)

The world has witnessed an impressive increase in trade over the past four decades. World merchandise trade increased from US$217 billion in 1962 to US$22.8 trillion in 2006. While industrialized countries accounted for the vast majority of this growth, between 1985 and 2006, developing countries' total trade increased from US$1.1 trillion to US$8.4 trillion, growing at an average annual rate of 9.8 percent, outpacing the world trade growth of 8.7...
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