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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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