Which of the following is true of regulations governing international business?
A) Those countries with complicated laws tend to be wealthy.
B) When countries improve their laws, they likely open up more opportunities for business in the country.
C) There is a low correlation between efficient, effective regulation and the wealth of a nation.
D) Countries can attract foreign investment by nationalizing their industries.

Question

Quizplus · Accepted Answer

Countries that improve their laws often create a more favorable environment for business, which can lead to increased opportunities for both domestic and international companies. This can include simplifying regulations, enhancing transparency, and strengthening legal frameworks to protect investments, all of which can make a country more attractive to foreign investors.

Which of the Following Is True of Regulations Governing International