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In the basic model of a small open economy,if the government adopts a policy that lowers imports,then that policy:
Nobel Prize Winner
An individual awarded one of the Nobel Prizes, prestigious international accolades given annually across several categories including Peace, Literature, and various Sciences.
Muhammad Yunus
A Bangladeshi social entrepreneur, banker, economist, and civil society leader awarded the Nobel Peace Prize for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance.
Entrepreneurship
is the activity of setting up a business or businesses, taking on financial risks in the hope of profit.
Sequential Steps
Ordered or successive actions or stages through which a process or activity is carried out.
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