Which country wants to open its economy to foreign-based entrepreneurs to start businesses and buy property?

• A. Iran
• B. North Korea
• C. Cuba
• D. Venezuela

Answer: (C)

Opening an economy to foreign-based entrepreneurs means relaxing state control to welcome private businesses and foreign investment, often along with some property or investment opportunities for outsiders. Cuba has been moving in this direction with reforms that expand the private sector and invite foreign investment, creating pathways for international entrepreneurs to start ventures and engage in market activities. The other countries shown remain much more tightly controlled by the state, with limited private enterprise and restricted foreign ownership, making Cuba the best match for a country seeking to open its economy to foreign-based entrepreneurs.