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Various structuralists and dependency theorists

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Please contraste the ideas of Prebisch, Frank, Reinert  and various structuralists and dependency theorists with the conclusions of the Schumpeter/Romer framework. Note that each puts trade into a dynamic setting in which trade can influence the economy's rate of development, but they seem to reach very different conclusions about how, exactly, trade influences economic development. You should clearly explain why these alternative models reach such different conclusions.

Reference no: EM131703753

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