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One of the main stylised facts that has emerged from the recent literature on global value chains is that bilateral trade imbalances in gross terms can differ substantially from those measured in value added terms. However, the factors underlying the extent and sign of the differences between...
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global production of copper. In the 2010s, they imported over a third of the associated capital goods and components from … support copper fabrication in the region. Theoretically, investing in production of semi-manufactures (principally wire, cable … slightly higher for semis than for refined copper, limiting scope for fabrication-especially as local manufacturers obtain …
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