Briefly elucidate why magnification effect plays

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Q. (a) increased technical efficiency (b) accelerated technical progress (c) decreased shortages of foreign exchange (d) infant industry argument. 48. Which of following is not among arguments for trade liberalization?

Q. Briefly elucidate why magnification effect plays an important role in predicting where various groups in economy will support or oppose international trade.

Reference no: EM1367319

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