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Answer to Question #325194 in Macroeconomics for Carolyn

Question #325194

What is the structure of the business cycle in Belize?


1
Expert's answer
2022-04-07T13:07:07-0400

Belize has a developing free-market economy. Commercial logging and the export of timber were for years the basis of the Belizean economy, but by 1960 the combined value of sugar and citrus exports had exceeded that of timber. Belize is considered to be a developing country.



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