2. Outline the basic elements of the primary-export-led development strategy. Does this strategy lead to higher rates of
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2. Outline the basic elements of the primary-export-led development strategy. Does this strategy lead to higher rates of
2. Outline the basic elements of the primary-export-led development strategy. Does this strategy lead to higher rates of economic growth? Discuss the potential concerns about it. 3. Outline a simple model of FDI. Which variables determine a firm's choices between horizontal FDI, vertical FDI, and exporting? (Provide relevant diagrams.)
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