Empirical research on economic growth indicates that openness tends to increase real GDP.

Name: Empirical research on economic growth indicates that openness tends to increase real GDP.
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Question

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Empirical research generally supports the idea that openness to international trade and investment contributes to economic growth by allowing countries to specialize in production, access larger markets, and benefit from technology transfer, thus increasing real GDP.

Empirical Research on Economic Growth Indicates That Openness Tends to Increase