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Russia has to decide on a trade-policy strategy to go with other reforms for promoting development. Comment on the merits and weaknesses of the following
Russia has to decide on a trade-policy strategy to go with other reforms for promoting development. Comment on the merits and weaknesses of the following available choices: (10 marks)
a1. Joining a grain cartel with North America, Argentina and Australia, the main exporters of grain.
a2. Unilaterally taxing its wheat export
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