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:

Verified
Correct Answer:
Verified
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