6 Views

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


Team Careers360 19th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

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.

Know More About

Related Questions

UPES Integrated LLB Admission...
Apply
Ranked #28 amongst Institutions in India by NIRF | Ranked #1 in India for Academic Reputation by QS University Rankings | 16.6 LPA Highest CTC
Jindal Global Law School Admi...
Apply
Ranked #1 Law School in India & South Asia by QS- World University Rankings | Merit cum means scholarships | Application Deadline: 30th Nov'24
Chandigarh University Admissi...
Apply
Ranked #1 Among all Private Indian Universities In QS Asia Rankings 2025 | Scholarships worth 210 CR
Nirma University Law Admissio...
Apply
Grade 'A+' accredited by NAAC
Alliance University BA/BBA LL...
Apply
Approved by Bar Council of India (BCI)
Woxsen University | Law Admis...
Apply
BBA -LLB (Hons.) & BA -LLB (Hons.) @ Woxsen University. BCI approved | Industry Endorsed Curriculum
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books