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Chako Chako
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8 years ago
The high correlation between rapid growth in exports and rapid economic growth observed in several East Asia countries in recent decades
A) proves that trade policy is the most important policy area for promotion of economic development.
B) proves that export promoting trade policy leads to relatively rapid economic growth.
C) proves that a free-trade orientation of trade policy results in rapid economic growth.
D) does not prove that trade liberalization always leads to rapid economic growth.
E) proves that exports help growth, whereas imports impede growth.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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8 years ago
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Chako Author
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#2
8 years ago
Correct!
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#3
7 years ago
Don't forget to vote my answer as best Nerd Face
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