World freest economy with low taxes and lack of trade bar... — Answer & Explanation | PrepBeePakistan

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MEDIUMENGLISHCurrent Affairs

World freest economy with low taxes and lack of trade barriers is___________?

Correct answer: D

Explanation

Hong Kong is often cited for its low taxes and minimal trade barriers. China has significant government control and varying regulations. The USA has federal regulations and various tax structures. Norway has high taxes and strong social welfare regulations.

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