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The previously successful British merchant houses on the west coast of South America faced significant problems between the two world wars. Earlier historians have referred to difficulties such as the volatility of commodity prices, the organisation and structure of the firms, and changes in...
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's geographic variation in the suitability for cotton production combined with a surge in the world market price of cotton in 2010 … command political capital to coerce workers. The expansion in land attributed to cotton production led to increases in labor … demand and wages for cotton pickers; however, the price hike benefits only workers on entrepreneurial private farms, whereas …
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