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In some countries, the only legal way for foreign firms to invest in the country is through:
Hindsight Bias
The tendency to believe, after an event has occurred, that one would have foreseen or predicted the outcome, often referred to as the "I-knew-it-all-along" effect.
Presidential Election
A formal decision-making process by which a country's citizens select the President, the head of the executive branch of government.
Overconfidence
The tendency to overestimate the accuracy of one’s knowledge and judgments.
Hindsight Bias
The habit of assuming, once an outcome is known, that it was predictable beforehand.
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