

MCQOPTIONS
Saved Bookmarks
1. |
Micheal Roemer’s three-sector model shows that growth in the booming export sector I- reduces the price of foreign exchange II- retards other sectors’ growth by reducing incentives to export other commodities III- reduces incentives to replace domestic goods for imports IV- raises factor and input prices for non-booming sectors ? |
A. | I and III only |
B. | II and III only |
C. | I, II and III only |
D. | I, II , III only IV |
Answer» E. | |