Which of the following is NOT a reason that the radical position of MNEs was in retreat by the end of the 1980s?
A) The strong economic performance of those developing countries that embraced capitalism rather than radical ideology
B) The collapse of communisms in Eastern Europe
C) The rise of democracy in the Western countries
D) A growing belief by many radical countries that FDI can be an important source of technology and job and can stimulate economic growth
E) The move to deregulate Western economies

Question

Quizplus · Accepted Answer

The rise of democracy in the Western countries would not have directly impacted the retreat of the radical position of MNEs. The other options all contribute to the retreat: embracing capitalism led to economic success, communism's collapse diminished radical ideology, the belief in FDI as a source of growth became more widespread, and the move to deregulate allowed for more flexibility in MNE operations.

Which of the Following Is NOT a Reason That the Radical