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5. Economic growth and public policy Suppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a production plant in Alabama. This is an example of foreign investment
5. Economic growth and public policy Suppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a production plant in Alabama. This is an example of foreign investment in the United States. Which of the following policies are consistent with the goal of increasing productivity and growth in developing countries? Check all that apply. | Pursuing inward-oriented policies Providing tax breaks and patents for firms that pursue research and development in health and sciences Imposing restrictions on foreign ownership of domestic capital Protecting property rights and enforcing contracts What is a significant factor in long-run economic growth that Robert Fogel, an economic historian, is best known for suggesting? Inward-oriented policies that protect domestic firms from foreign competition Improvements in worker health from better nutrition Improvements in the protection of property and enforcement of contracts through the maturation of the civil and criminal justice systems Improvements in technology from the incentives created by a better patent system
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