As a treasurer of a multinational company, let's assume that you are conducting a preliminary country risk evaluation of some potential borrowers of two different countries. In this preliminary analysis, you are going to use the Economic Freedom Index (https://www.heritage.org/index/pages/all-country-scores). Briefly discuss how this outside evaluation model will give you some preliminary idea of your potential borrowers' country risk. Compare the ratings for your selected countries in the pre-covid (let's assume the year 2018) vs. the post-covid period (let's assume the year 2023).

Use countries of Switzerland and India to make justifications