Developing countries' terms of trade in manufactures, 1967–87: A note
计算了37个工业化和发展中国家1967-1987年制成品贸易条件，发现高收入国家贸易条件更有利，凸显出口多元化对发展战略的重要性。
Terms of trade, relating only to manufactured exports and imports, are calculated for a sample of 37 industrialised and developing countries over the 1967 to 1987 period. It is found that the terms of trade movements were significantly more favourable for higher‐income countries. This result highlights the importance of export diversification as part of a development strategy.