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31 March, 11:17

The government of Nerumbia wants to open the country's economy to international business, and increase its overall attractiveness as a potential market or investment site. Which of the following will facilitate this decision of the Nerumbian government?

A. Shifting toward command economy or an economy where property rights are not enforced strictly

B. Investing in infrastructure and in the required supporting businesses

C. Frequently changing the government and the government policies

D. Maintaining a high inflation rate

E. Adopting a legal system which does not provide any protection for intellectual property rights

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  1. 31 March, 12:28
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    Answer: Investing in infrastructure and in the required supporting businesses

    Explanation:

    Infrastructure is a term that is used to describe the essential facilities, and services, for communal use.

    The infrastructure is of utmost importance for fostering economic growth and poverty alleviation in a country.

    Adequate infrastructure in the form of power, ports, road and railway transport system, airports and their efficient working is needed for integration of the economy with every other economies worldwide.

    The government of Nerumbia should invest in infrastructure and supporting businesses wants to increase its attractiveness as a potential market or investment site.
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