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Export-biased growth that worsens terms of trade so that a country is worse off as a result.
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The specialization of low-income countries in production of low-wage products.
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Trade that hurts the poorest group of people.
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Improvement in a countrys terms of trade at the expense of other countries.
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Export-biased growth that worsens terms of trade so that a country is worse off as a result.
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