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Question: State and explain reasons for differences in economic development between economies. . Resource or factor endowments are uneven and resource rich countries with export industries will tend to have higher levels of development than countries which are lacking in natural resources. '...

Question: State and explain reasons for differences in economic development between economies. . Resource or factor endowments are uneven and resource rich countries with export industries will tend to have higher levels of development than countries which are lacking in natural resources. '...