Management Notes

Reference Notes for Management

The real income of domestic producers and consumers can be increased by:

The real income of domestic producers and consumers can be increased by:

The real income of domestic producers and consumers can be increased by:

 Options:

a. Technological progress, but not international trade
b. International trade, but not technological progress
c. Technological progress and international trade
d. Neither technological progress nor international trade

The Correct Answer Is:

c. Technological progress and international trade

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