Dual economies are countries ?
Correct answer: B. with a modern manufacturing sector as well as traditional agriculture sector
- A. with double capital and labor/
- B. with a modern manufacturing sector as well as traditional agriculture sector
- C. that specialize in labor intensive products more than capital intensive products
- D. with foreign owned and domestically owned capital
Explanation
Dual economies contain two contrasting sectors: a modern manufacturing or industrial sector and a traditional agricultural sector. The presence of these technologically and structurally different sectors distinguishes them from more unified economies.
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