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1.1 Economic growth in international economics is approached from the angle of the growth of factors of production; that is, both labour growth and capital

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1.1 Economic growth in international economics is approached from the angle of the growth of factors of production; that is, both labour growth and capital accumulation, over time, leads to economic growth in general. Discuss the concepts of technical progress. In your answer, make reference to all three (3) types of technical progress, and give examples with associated countries' production frontier figures. (12)

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