Kazmia Revitalization
The leaders of Kazmia, a small nation in the southern hemisphere, have called a meeting to discuss ways to encourage foreign firms to invest in Kazmia. The country was once a leader in diamond mining and exports; however, the diamond mines have been depleted. Meanwhile the standard of living in Kazmia has plummeted to its lowest level, and young people are fleeing the country. Government leaders must devise a plan to reinvigorate the once prosperous nation.
-Which of the following actions by the government would be the most beneficial for the long-term economic security of Kazmia?
A) encouraging renewed investment in the mining industry
B) developing an infrastructure of communications, technology, and transportation
C) discouraging trade relations until the nation is fiscally stable
D) passing laws and establishing regulatory systems to monitor MNE activities
Correct Answer:
Verified
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