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Trade and FDI a. What is Export Processing as a type of trade? b. What are the impacts of inward FDI on the Chinese economy?

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Trade and FDI a. What is "Export Processing" as a type of trade? b. What are the impacts of inward FDI on the Chinese economy? List two and provide a brief explanation for each. c. Give an example of graduality in the policy reform of the external sector, and briefly explain the advantage ofa gradual reform compared to one in the spirit of shock therapy

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