Question: Attempts Average / 2 7 . Problems and Applications Q 7 The International Property Rights Index ( IPRI ) scores countries based on the legal
Attempts Average
Problems and Applications Q
The International Property Rights Index IPRI scores countries based on the legal and political environment and how well property rights are protected.
The following table lists the IPRI scores and GDP per person in for six countries.
: Dollars
Countries with better property rights protection generally have income per person than those with poor property rights enforcement.
What can the government of a relatively poor country do to promote economic prosperity? Check all that apply.
Impose steep tariffs on imports from foreign countries in order to protect domestic industries.
Minimize corruption among government officials.
Establish and enforce strong property rights.
Give inventors and authors exclusive, temporary rights to market and sell their creations.
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