Economics (M.Phil./Ph.D.) 2019 Panjab University Entrance Exam With Answers

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46.

In Myrdal’s model of economic development two effects which are mentioned are”

A: Backwash effects and spread effects
B: Roundabout effects and direct effects
C: Spread effects and interlinkage effects
D: Backwash effects and direct effects

The answer is: A