Question

In order to achieve a high economic freedom rating, a country musta. provide secure protection of privately owned property and evenhanded enforcement of contracts.b. refrain from creating barriers that limit domestic and international trade.c. rely more fully on markets rather than governments to allocate goods and resources.d. all of the above.

Answer 1

Answer: The correct answer is choice d - all of the above.

Explanation: In order to achieve a high economic freedom rating, a country must do each of the three things listed.

1. They must provide secure protection of privately owned property and evenhanded enforcement of contracts.

2. The must refrain from creating barriers that limit domestic and international trade.

3. They must rely more fully on markets rather than governments to allocate goods and resources.