Solved

Consider Two Countries: Country a and Country B

Question 53

Multiple Choice

Consider two countries: Country A and Country B.Both countries are identical in all aspects except one.The institutions in Country A are inclusive,while the institutions in Country B are extractive.Given this information,which of the following statements is likely to be true?


A) Country A is likely to have well-defined property rights, while Country B is likely to lack well-defined property rights.
B) Country B is likely to have well-defined property rights, while Country A is likely to lack well-defined property rights.
C) Both countries are likely to be totalitarian.
D) Both countries are likely to be capitalistic.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions