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13 Aug 2019

QUESTIONS (20 points each)

You have recently been appointed Special Economic Advisor to the government of XColonia, a small developing country in sub-Saharan Africa with an annual per-capita GDP of about $1000. XColonia has a large agricultural sector mostly consisting of small, family farms and a few large plantations. The distribution of land is very unequal. The country has a small manufacturing sector consisting of a large number of small firms with simple technology and a few big modern firms. For the past 10 years, XColonia has pursued an easy ISI policy, focusing on the development of consumer goods industry. Currently, XColonia

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Deanna Hettinger
Deanna HettingerLv2
15 Aug 2019

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