Anitra took out a loan from the bank today for X. She plans to repay this loan by making payments of $540.00 per month for a certain amount of time. If the interest rate on the loan is 0.38 percent per month, she makes her first $540.00 payment later today, and she makes her final monthly payment of $540.00 in 8 months, then what is X, the amount of the loan

The prebisch–singer hypothesis concludes that: a. technology lowers the cost of manufactured products, so developing countries should see an increase in their terms of trade. b. developing countries experience a long-run decline in their terms of trade, as the demand for primary products in higher-income countries declines relative to their demand for manufactured goods. c. because of unfair trading practices, labor in developing countries is exploited. d. opec has been responsible for a slowdown in the world's standard of living.