Rapid growth of production and employment is commonly associated with large or growing trade surpluses and current account surpluses.

Name: Rapid growth of production and employment is commonly associated with large or growing trade surpluses and current account surpluses.
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Question

Quizplus · Accepted Answer

Rapid growth of production and employment can occur in economies with trade and current account deficits, as domestic demand drives economic expansion, not just export-led growth.

Rapid Growth of Production and Employment Is Commonly Associated with Large