In the context of cost,which of the following can be considered as the most attractive market or investment site?
A)a country that has adopted a closed totalitarian state
B)a country that has a well-developed body of business contract law
C)a country with a command-based economic system
D)a country with stringent product safety laws and huge liability insurance rates
E)a country which does not provide any protection for property rights

Question

Quizplus · Accepted Answer

A country with a well-developed body of business contract law provides reliable mechanisms for resolving disputes and enforcing contracts, which lowers transaction costs and reduces the risk of investment. This creates a more attractive market or investment site.

In the Context of Cost,which of the Following Can Be