1. Ajai Gaur and Ram Mudambi, in their assigned article "Four Fallacies About Trade and Globalization" argues several things. Which is the following is not among their claims?
2. a.Most advanced economies have become primarily service economies.
3. b.High-knowledge economies attract high-value-creating subsidiaries of foreign enterprises.
4. c.Restricting imports help to reduce trade deficits
5. d.Indirect participation in a global value chain reduces the risks associated with direct exports