ECONOMICS
TRADE EXCHANGE AND INTERDEPENDENCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Russia
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Germany
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United Kingdom
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about the same for each
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Detailed explanation-1: -Yes, a foreigner can definitely start a business in Russia. They can choose one of the five available business entities: i) a limited liability company, ii) a joint stock company, ii) a partnership, iv) a branch, or v) a representative office.
Detailed explanation-2: -Out the world’s 50 biggest economies, Venezuela ranks as the most difficult place to do business in. The South American nation is among the very bottom when it comes to ease of paying taxes, getting credit, investor protection laws, and cross-border trading, to name a few.
Detailed explanation-3: -The low availability of financial resources for new and growing companies is one of the most acute problems facing Russian businesses. Access to finance for new companies is difficult because of high interest rates on loans.
Detailed explanation-4: -Starting a business. Construction permits. Registering property. Getting electricity. Punctuality. Undeveloped infrastructure. Intellectual property rights. Government transparency. More items