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| 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? |