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What are drawbacks that can occur if a nation pursues export-led growth after it has become wealthy? Multiple select question. It can create major imbalances
What are drawbacks that can occur if a nation pursues export-led growth after it has become wealthy? Multiple select question. It can create major imbalances in world trade. It can result in a lower standard of living than could be possible. It can cause weaker domestic demand. It can cause nations to overvalue their currency
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