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Efficiency-driven economy

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You are a government minister of economics and finance and you have been tasked to speak with your chambers of business in your country about what the next 5 years look like and how you plan to take your country into the next level of the economy. Your country is a factor-driven economy that has an unskilled labor force and exports raw materials like wood and steel. How would you propose to take your country into an Efficiency-driven economy?

Reference no: EM133149205

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