6- both liangs and greenaway and milners approaches to trade policy are problematical because: Please select one; a) they fail to appreciate the selective nature of trade policies b) the promotion of non-traditional exports can be financed by taxing traditional exports c) import substitution policies must cover all imported commodities d) import substitution and export promotion policies cannot be implemented together e) a reduction in the production of non-tradables may not be possible

6- both liangs and greenaway and milners approaches to trade policy are problematical because: Please select one; a) they fail to appreciate the selective nature of trade policies b) the promotion of non-traditional exports can be financed by taxing traditional exports c) import substitution policies must cover all imported commodities d) import substitution and export promotion policies cannot be implemented together e) a reduction in the production of non-tradables may not be possible

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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