the effects using a graph, and explain them.11. You have been hired to write a defense of the idea of having a government plan to subsrdize the expansion of an export-oriented industry, taking resources away from the rest ofthe economy. Describe how you would defend such an industrial targeting strategy asgood for the nation as a whole.the argument you just presented in answeringthe export-

: Export- oriented industry: It refers to that industry which is more into the exporting the goods…

Answered: xport-oriented industry, ta

Business

Economics

xport-oriented industry, ta

Principles of Economics (MindTap Course List)

8th Edition

ISBN:9781305585126

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter9: Application: International Trade

Section: Chapter Questions

Problem 4PA

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the effects using a graph, and explain them.
11. You have been hired to write a defense of the idea of having a government plan to subsr
dize the expansion of an export-oriented industry, taking resources away from the rest of
the economy. Describe how you would defend such an industrial targeting strategy as
good for the nation as a whole.
the argument you just presented in answering
the export-

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