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What is the relationship among property rights, corruption, and

economic progress?  

important are anticorruption efforts in the

effort to improve a country’s level of economic development?


. You are a senior manager in a U.S. automobile company considering

investing 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?