_______ refers to the need for developing economies to maintain a focus on the core elements of an open economy -those being the law of supply and demand,encouragement of entrepreneurship and wealth creation,and the willingness to encourage and support private ownership.
A) Commitment to an International Trade System
B) Absence of Protectionism
C) Fundamentals of Fair Trade
D) Market Openness
E) Balanced Economic Development

Question

Quizplus · Accepted Answer

Market openness is the most fitting choice to describe the need for developing economies to maintain a focus on the core elements of an open economy, such as the law of supply and demand, encouragement of entrepreneurship and wealth creation, and support for private ownership.

_______ Refers to the Need for Developing Economies to Maintain