Question:
The World Bank’s ‘Ease of Doing Business’ indicators
(1) rank countries by the size of their foreign direct investment as host countries.
(2) rank countries by the size of their foreign direct investment as source countries.
(3) rank the industries in which countries have comparative advantage.
(4) measure the ease of starting and running a business in many countries.
(5) are a hindrance to economic development because they deter investment in poor countries.
Correct Answer:
(4)
Answer Explanation:
The ‘Ease of Doing Business’ index was an annual World Bank report that quantitatively measured and ranked the regulatory environment of countries, specifically assessing how easy it was for local entrepreneurs to start, operate, and close a business (e.g., getting electricity, paying taxes, enforcing contracts).
Topic: Global Economy Year: 2020
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