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Question: Institutional distance analysis (economic freedom). According to a table of data below, discuss your observation. Situation is Inter Parfums has manufacturing in China, but

Question: Institutional distance analysis (economic freedom). According to a table of data below, discuss your observation.

Situation is Inter Parfums has manufacturing in China, but the firm's CEO does not want to depend on China anymore

Year 2020 US China Vietnam Mexico
Voice and Accountability 72.95 4.83 11.59 44.93
Political Stability and Absence of Violence/Terrorism 48.11 35.85 45.28 16.98
Government Effectiveness 87.02 72.12 62.02 43.27
Regulatory Quality 87.5 44.23 43.27 51.44
Rule of Law 88.94 52.4 48.56 28.37
Control of Corruption 82.69 54.33 42.79 19.71
Infrastructure Quality (0-100 best) 87.9 77.9 65.9 72.4
GDP per capita (USD) 69,277 12,562 10,062 3,718
Infrastructure Investment 1.6 6.1 6.3 1.5
Infrastructure Gap 0.6 0.4 1.2 1.3
Education Rank 1 24 64 36
Financial Development Index 0.91 0.67 0.39 0.47

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