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In a world where trade openness is generally considered to be beneficial for economic growth, this may not be the case for developing countries, where
In a world where trade openness is generally considered to be beneficial for economic growth, this may not be the case for developing countries, where specialization in primary exports can hinder growth. In your own words, explain why specialization in primary exports can be bad for growth. Then, explain how you would design trade policy for a Developing Country to promote economic development, specifically decrease poverty, improve human capital, and sustainable economic growth
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