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a)The green revolution led to a significant growth in productivity of agriculture in the 1960s. Using a Standard Trade framework explain the possible effect of
a)The green revolution led to a significant growth in productivity of agriculture in the 1960s. Using a Standard Trade framework explain the possible effect of this productivity growth on the welfare of large agriculture exporting countries.
b)The recent Auto Policy announced by the Government of Pakistan aims at reducing protection and increasing competition in the Auto sector. Explain using an appropriate long run framework the reasons why this policy is being opposed by firms in the Auto Industry.
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