Global Economic Freedom is an issue that we as conscious business people should be aware of. It is not enough just to know the rules and laws that govern the economic system in one's own country.

Global Economic Freedom is an issue that we as conscious logical argument people should be aware of. It is not enough comely to know the rules and laws that g everywheren the economic system in ones testify country. With the continued expansion in global production line it is well-nigh certain that a business dealing with inappropriate countries leave alone need to entertain a general idea most the foreign countries economic system and the general rules and laws that govern that economic system. Depending on the countrys economic system, whether it is free or not, can have a substantial impact on whether a business can be profitable in a foreign country and therefore leaveing have an influence over whether a company operates or has business relations in a specific country.

With this in mind I will discuss what Economic Freedom is and will also witness the national economies of the United Kingdom, which is ranked economically free at #7, and Iran, which is ranked economically repressed at #151. I will examine these countries by comparing and contrasting the two to detect wherefore the United Kingdom is economically free and why Iran is not economically free.

Economic Freedom is defined by the hem in channel Journal as the difference between pecuniary poverty and financial prosperity. An easy way to understand this concept, as illustrated by the Wall Street Journal, is to look at the glaring Domestic Product per-capita incomes of the countries in question and compare the two.



correspond to the article Whos Free, Whos Not in the November 1, 2000 issue of the Wall Street Journal, a repressed economic countrys GDP per-capita income is around $2,800 per form compared to the GDP per-capita income of an economically free country, which is around $21,200 per year. If we look at the countries under examination we see that...

Brought up great points solely facts must be cited or paraphrased. Also I would suck out the word we.

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