Economic evidence suggests that high levels of ________ significantly reduce the foreign direct investment,level of international trade and economic growth rate in a country.

Question

Quizplus · Accepted Answer

Economic evidence suggests that high levels of corruption significantly reduce the foreign direct investment, level of international trade and economic growth rate in a country. This is because corruption negatively affects the business environment by increasing transaction costs, reducing competitiveness, and decreasing the rule of law.

Economic Evidence Suggests That High Levels of ________ Significantly Reduce