Question: Part B. Descriptive questions. Answer the following problems in the space provided. Please show your work in an organized way. 11. Answer the following questions


Part B. Descriptive questions. Answer the following problems in the space provided. Please show your work in an organized way. 11. Answer the following questions based on your reading of chapter 1 in WDR 2008: ('70) a) Discuss the two empirical regularities which characterize the structural transformation. b) Briey explain the policy implications of these two empirical regularities. c) True or false: local transportation infrastructure plays no role in tradability of locally produced goods. Explain your
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