Countries that grow the fastest are those that adopt inward-oriented policies toward trade and foreign direct investment.

Question

Quizplus · Accepted Answer

Countries that adopt outward-oriented policies, such as free trade and openness to foreign direct investment, tend to grow faster because they are able to access larger markets, attract more investment, and benefit from technology transfers and knowledge spillovers. Inward-oriented policies, on the other hand, restrict trade and investment flows, reducing competition and innovation, and ultimately hindering economic growth.

Countries That Grow the Fastest Are Those That Adopt Inward-Oriented