1. What is the relationship between property rights, corruption, and economic progress? How important are anticorruption efforts in the effort to improve a countrys level of economic development?
2. You are a senior manager in a U.S. automobile company considering whether to invest in production facilities in China, Russia, or Germany. These facilities will serve local market demand. Evaluate the benefits, costs, and risks associated with doing business in each nation. Which country seems the most attractive target for foreign direct investment? Why?