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Which of the following could partially explain why the terms of trade of developing countries might deteriorate over time?
Scientific Study
A systematic and objective investigation conducted to acquire knowledge and understand natural phenomena through observation and experimentation.
Positive Economic Statement
An objective statement based on fact that can be tested and validated.
Government Spending
Expenditures made by the government for its operations, programs, and public services.
Taxes
Mandatory contributions to state revenue, levied by the government on workers' income, business profits, or added to the cost of some goods, services, and transactions.
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