Transition economies typically seek all but which of the following to grow? Fore
ID: 1133358 • Letter: T
Question
Transition economies typically seek all but which of the following to grow?
Foreign investors willing to develop new start-up enterprises
Foreign investors willing to purchase state enterprises transitioning to private companies
Foreign and local investment for infrastructure.
Foreign government loans
Foreign investors willing to develop new start-up enterprises
Foreign investors willing to purchase state enterprises transitioning to private companies
Foreign and local investment for infrastructure.
Foreign government loans
Explanation / Answer
Answer - Transition economies get involved in a process from centrally planned economy to mixed economy or private economy. Government enterprises would be given to private sector. New technology as foreign investment comes to country. New start-ups take place in the economy. Foreign investor willing to to buy state enterprises transitioning to private companies. Private sector's role increases in the economy.
Option B is the correct answer.
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