Kazmia Revitalization (Scenario) The Leaders of Kazmia, a Small Nation in the Southern

Kazmia Revitalization (Scenario)
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 levels, and young people are fleeing the country. Government leaders must devise a plan to reinvigorate the once prosperous nation.
-In the context of national industrial policy, which of the following actions by the government of Kazmia would be the most beneficial for the long-term economic security of the country?

A) increasing the rate of taxation
B) devoting resources to improve national infrastructure
C) discouraging foreign trade
D) discouraging entrepreneurial ventures undertaken by small firms