Question: Statement 1 : The world is becoming a single giant marketplace in which firm from different countries carry on business; they make agreements, and they

Statement 1: The world is becoming a single giant marketplace in which firm from different countries carry on business; they make agreements, and they compete against and sometimes cooperate with each other. That is why one of the key reasons that determine whether or not to invest in particular country is the legal certainty. Statement 2: To have a good environment for business, a country must provide an adequate legal infrastructure in which rights are clearly defined and properly enforced. Statement 3: Excessive regulation viewed as non-restriction on economic freedom, making a countrys businesses more competitive than firm from other countries.
a.
Statements 2 & 3 are false, and statement 1 is true.
b.
Statements 1 & 2 are true, and statement 3 is false.
c.
Statements 1,2 and, 3 are true.
d.
Statements 1,2 and, 3 are false.

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