The costs of doing business in a country tend to be ______________where macroeconomic instability exists and...
The costs of doing business in a country tend to be ______________where macroeconomic instability exists and where supporting infrastructure is_______________.
A. lesser; overdeveloped B. greater; underdeveloped C. unimportant; proposed D. nil; planned
Homework Answers
Cost of doing business is an important factor that impacts the decision to set up a business.
Countries that have lower cost of doing business tends to attract more foreign as well as domestic investment relative to countries that have higher cost of doing business.
Cost of doing business depends on certain factors like political stability and adequate financial and physical infrastructure.
The costs of doing business in a country tend to be greater where macroeconomic instability exists and where supporting infrastructure is underdeveloped.
Hence, the correct answer is the option (B).
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