________ in developing economies deter firms from these countries from participating in the global economy.
A) Low trade volumes
B) Bureaucracy and red tape
C) High inward FDI
D) Lack of a rich cultural heritage

Question

Quizplus · Accepted Answer

Bureaucracy and red tape can significantly hinder the ability of firms in developing economies to participate in the global economy by creating inefficient processes and delays.

________ in Developing Economies Deter Firms from These Countries from Participating