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Q. The migration model of Todaro and Harris provided an important theoretical critique of the manufacturing-biased import-substitution trade-policy stance. Illustrate.
Answer: The Lewis model provide a rationale for manufacturing-biased import substitution trade policy since the marginal cost of expanding manufactures is close to zero just high enough to induce a worker to migrate from the farm to the city. Though Harris and Todaro identified a significant negative social and economic externality associated with this process namely the problems associated with unplanned and very rapid urbanization combined with rapidly rising expectations of urban migrants.
The IMC strives to understanding patients' needs before understanding the markets. When patients arrive at IMC, they become part of a long tradition of distinguished health care. T
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