According to Hernando De Soto, a Peruvian economist, it takes 168 steps in order to have a house registered in The Philippines.In Haiti, it takes 111 visits to officials to formalize a business.However, "if you make the right payments, this tedious process may disappear." The textbook calls this situation an example of:
A) corruption.
B) inappropriate education.
C) political instability.
D) overpopulation.
Correct Answer:
Verified
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