Which of the Following Statements Is Most Likely to Be

question 65

Multiple Choice

Which of the following statements is most likely to be true about the economic prospects of a country?

• A)The economic system and property rights regime are reasonably good predictors of economic prospects of a country.
• B)Countries with command economies tend to achieve greater economic growth rates than free market economies.
• C)Countries which do not provide any protection for property rights tend to achieve greater economic growth rates than the countries in which property rights are protected.
• D)Countries where property rights are not well respected and where corruption is rampant always have very low levels of economic growth.
• E)The advantages of building brand loyalty and gaining experience in a country's business practices is greater for a last-mover than for a first-mover.