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As the standard of living rises in emerging economies, MNEs are hoping that Blank______.Multiple choice question.they can reduce their presence in foreign countries and let new businesses take their placemore people will like them and have the means to become shareholdersincreased purchasing power will enable workers to purchase the products previously made only for exportmore companies engage in strategic actions that allow them to compete globally

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As the standard of living rises in emerging economies, MNEs are hoping that Blank______.Multiple choice question.they can reduce their presence in foreign countries and let new businesses take their placemore people will like them and have the means to become shareholdersincreased purchasing power will enable workers to purchase the products previously made only for exportmore companies engage in strategic actions that allow them to compete globally

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Solution

The correct answer is: increased purchasing power will enable workers to purchase the products previously made only for export.

This is because as the standard of living rises in emerging economies, people have more disposable income. This increased purchasing power can lead to higher demand for products, including those produced by multinational enterprises (MNEs). Therefore, MNEs would hope that these individuals can now afford to buy the products that were previously only made for export.

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