Q.
1
Reason (R): High rate of growth, ceteris paribus, is associated with rise in imports and increase in the imports, ceteris paribus, is associated with a fall in the relative price of imports.
Code:
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A
Both (A) and (R) are correct and (R) is the right explanation of (A)
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B
Both (A) and (R) are correct but (R) is not the right explanation of (A)
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C
(A) is correct but (R) is not correct
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D
(R) is correct but (A) is not correct