Answer the following questions:

1. What are the the requirements for starting a corporation in the United States, India, and China.
2. What are the basic requirements?
3. Is the process easy or difficult for each country?
4. How do you think the ease or difficulty of forming a corporation affects the economic efficiency of each country?

Research the issue online to assist in developing supporting facts and arguments for the positions. Helpful information at theChina Law Blogfor Chinese corporate formation requirements. For information on Indian corporate laws, visit the Web site of India'sMinistry of Corporate Affairs. For your discussion of requirements in the United States you may rely on information in the textbook or visit Web sites for individual state corporation agencies, such as Delaware'sDivision of Corporations.