Economics Mcqs
Q 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 A. I and iii only
  • B B. Ii and iii only
  • C C. I, ii and iii only
  • D D. I, ii , iii only iv
Leave a Comment