Developing Countries Do

question 51

Multiple Choice

Developing countries do:

• A)not compete with one another for foreign investment, because they lack the infrastructure to attract it in the first place.
• B)not compete with one another for foreign investment, because they have sufficient domestic saving to finance their investment needs.
• C)compete with one another for foreign investment, but this competition is beneficial to developing countries because it insures a more efficient allocation of resources.
• D)compete with one another for foreign investment, and this competition reduces the benefits from foreign investment.

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Definitions:

Competitors

Entities or individuals that compete within the same market, offering similar products or services to the same customer base.

Strategic Planning

A methodical procedure for imagining a preferred future and converting this vision into general objectives and a series of actions to realize them.

Marketplace

An open environment for buying and selling goods, services, or ideas, either physically or online.