Use the globalEDGE™ site to complete the following exercises:
1. The Enterprise Surveys conducted by the World Bank
examine the investment climate in a wide range of
countries undergoing social transformation. You have
been asked to develop a report that analyzes corruption
and black-market practices in different countries.
A coworker recently indicated that one proxy for this
is the level of informality that firms use in reporting
sales amounts for tax purposes. Identify the top three
transition economies in which reported sales are most
similar to actual sales amounts. Which three countries
have the lowest reporting of sales amounts for tax
purposes?
2. Financial stability is an important component of economic
development. In fact, your colleagues indicate
that the amount of capital a country exports can be an
indication of its financial stability. As such, you have
since discovered a “Global Financial Stability” report
to assist in your assessment of international financial
markets. Which three countries are the largest exporters
of capital? Which three countries import the
largest amount of capital?
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