Multiple Choice
Realization of gains from trade, entrepreneurial discovery, and investment are largely dependent on
A) competitive elections and political democracy.
B) the presence of institutions and policies consistent with economic freedom.
C) the use of tariffs and quotas to protect domestic businesses from competition with foreigners.
D) the use of government planning to direct investments into worthwhile projects.
Correct Answer:

Verified
Correct Answer:
Verified
Q19: According to data on GDP growth between
Q20: The per capita incomes of countries in
Q21: Countries with lower levels of economic freedom
Q22: In the absence of an even-handed legal
Q23: In order to achieve a high economic
Q25: Which of the following countries have liberalized
Q26: One-third of the world's population live in
Q27: When a low-income nation improves its institutions,
Q28: Nations will attract investment and its citizens
Q29: Researchers have found that countries that were