If a NIC (Newly Industrializing Country)had the Characteristic of Increasing

If a NIC (newly industrializing country) had the characteristic of increasing the production for the domestic market and export markets with increases in efficiencies and continual differentiation of exports from competition as its focus,the country would be using which of the following factors as a component for growth?

A) economic and legal reforms
B) privatization
C) an outward orientation
D) entrepreneurship
E) factors of production

Correct Answer:

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