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5. American analytic center Heritage Foundation created indicator, which helps to measure the level of economic freedom of countries around the world. This index is
5. American analytic center Heritage Foundation created indicator, which helps to measure the level of economic freedom of countries around the world. This index is calculated on base of major objective economic criteria which make it possible to determine the overall rating of each country. Mark criteria included to the list a. tax freedom b. freedom of ownership c. innovation and technological advances d. free trade (trade policy) e. freedom of citizens f. freedom in corruption g. freedom of labor relations 6. Mark right observations: a. If the prices for imported goods fall, the volume of import increases b. Demand for import considered to be inelastic if Eim
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