In order to show that openness causes faster economic growth, it is necessary to show that openness causes the production function to shift upward.

Name: In order to show that openness causes faster economic growth, it is necessary to show that openness causes the production function to shift upward.
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Question

Quizplus · Accepted Answer

To demonstrate that openness leads to faster economic growth, it must be shown that it enhances productivity or efficiency, which is represented by an upward shift in the production function.

In Order to Show That Openness Causes Faster Economic Growth