Micheal Roemers three-sector model shows that growth in the booming export sector I- reduces the price of foreign exchange II- retards other sectors growth by reducing incentives to export other commodities III- reduces incentives to replace domestic goods for imports IV- raises factor and input prices for non-booming sectors ?
A. I and III only
B. I, II , III only IV
C. I, II and III only
D. II and III only
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