Question : Which of the following are used to calculate the economic freedom of a country?
Option 1: Rule of Law, Regulatory Efficiency, Market Openness, Government Size
Option 2: Gross domestic product, Regulatory Efficiency, Market Openness, Foreign direct investment
Option 3: Rule of Law, Inflation, Gross domestic product growth rate, Government Size
Option 4: Rule of Law, Regulatory Efficiency, Inflation, Foreign direct investment
Correct Answer: Rule of Law, Regulatory Efficiency, Inflation, Foreign direct investment
Solution : The correct answer is the Rule of Law, Regulatory Efficiency, Inflation, and Foreign direct investment.
The "four freedoms"—freedom of movement of people, capital, goods, and services—are the focus of the single market. This is accomplished through a set of uniform laws and regulations that every member state of the EU is required by law to abide by. People are free to work, produce, consume, and invest however they want in a society where the economy is free.
Related Questions
Know More about
Staff Selection Commission Sub Inspector ...
Result | Eligibility | Application | Selection Process | Cutoff | Admit Card | Preparation Tips
Get Updates Brochure
Your Staff Selection Commission Sub Inspector Exam brochure has been successfully mailed to your registered email id “”.
Trending Articles/News
