China has experienced much higher rates of economic growth than Mexico. Which of the following is NOT an explanation of Mexico's lower growth rate?
A) Mexico's government exercises more control of its economy than China's does.
B) Mexico has already exploited the easiest ways to increase economic growth.
C) Mexico suffers high levels of government corruption.
D) Mexico's geographic location makes it an unappealing location for foreign direct investment.
E) Mexico's banks are reluctant to make loans to business.
Correct Answer:
Verified
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