Efficiency-Driven Economies Are

Multiple Choice

Efficiency-driven economies are:

A) highly sensitive to world economic cycles, commodity price trends, and exchange rate fluctuations.
B) found in countries that have well-established higher education, well-organized goods and labor markets, and the capacity to harness existing technologies.
C) found in countries that have mature financial markets, business laws, large domestic size, and flourishing innovation.
D) associated with pillars such as institutions, infrastructure, macroeconomic stability, and health and primary education.
E) not sensitive to world economic cycles and exchange rate fluctuations.