Summary: Country M which was formerly referred as country B is at the point of increasing its pace of
Person TS reduced the role played by the government in areas like energy, forestry, healthcare, finance and telecommunication. He encouraged exports and abanded the fixed exchange rate. The country looked for more foreign investment. The efforts resulted in a successful outcome and the country recorded its largest increase in FDI for the period 2010 to 2014. The economic growth is expected to continue under the reign of a new government led by Person ASK.
To characterize: The nature of economic reforms being implemented in country M and determine the intention of the government in carrying out the reforms and its result.
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International Business: Competing in the Global Marketplace
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