Imagine that you lead a country with limited amounts of fossil fuels and few other goods in demand on world markets. Which standard economic approach to development would you be more likely to advocate for your country, and why? How would the shortcomings of this economic model affect your plans?

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The Answer of Imagine that you lead a country with limited amounts of fossil fuels and few other goods in demand on world markets. Which standard economic approach to development would you be more likely to advocate for your country, and why? How would the shortcomings of this economic model affect your plans?

Imagine That You Lead a Country with Limited Amounts of Fossil