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Question 1:
(i) How are education and economic growth connected?
(ii) Explain how the export promotion trade strategy may be more growth promoting for developing economies, in particular, than the import-substitution trade policy.
Question 2:
(i) Discuss the factors that attract and deter foreign investors to developing countries.
(ii) Can developing countries gain from foreign direct investment?
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a. Calculate expected earnings per share (EPS) if the firm is perfectly hedged. EPS $
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