Can exporting primary goods lead to economic growth

Reference no: EM132198798

Question: 1. Can exporting primary goods lead to economic growth? In your answer be sure to explain arguments for and against this link. Be sure to include a graphical analysis and a definition of at least two terms that were used.

2. What was Solow's surprise and how does it apply to low-income countries? in your answer describe the basic Solow growth model (assumptions, contributions/implications, graphs/equations, and limitations) and how it altered to address the surprise. Identify two limitations of the altered model.

3. Does growth lead to development? Discuss the evidence presented in the textbook and William Easterly. Also, be sure to define and discuss the strengths and weaknesses of other measures of development besides economic growth.

Reference no: EM132198798

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