A country's ________ consists of its rules,policies,and enforcement processes.
A) cultural milieu
B) economic dimension
C) institutional environment
D) socioeconomic landscape

Question

Quizplus · Accepted Answer

The institutional environment of a country refers to its framework of laws, regulations, and enforcement mechanisms, which define the rules of the game for businesses and individuals operating within its borders. This environment includes everything from property rights and contract enforcement to intellectual property protection and dispute resolution mechanisms. The institutional environment is a critical factor in shaping a country's business environment and overall economic performance.

A Country's ________ Consists of Its Rules,policies,and Enforcement Processes