question archive Which of the following options is correct? The Global Competitiveness Index a

Which of the following options is correct? The Global Competitiveness Index a

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Which of the following options is correct?

The Global Competitiveness Index

a. ranks the world's countries in productivity.

b. measures the amount of trade in each country.

c. is the highest for European countries.

d. All of the above

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The correct answer is A.

It ranks the world's countries in productivity.

The global competitive index is normally reported every year to prepare the World Economic Forum. It measures all policies in the economies, institutions, and sustainable goals for a country. Some of the factors included in the index include;

i. Higher education and training

ii. Sustainability of set targets. This measures whether the targets set are on the basis of the future perspective.

iii. Conditions in the market and the market size.

iv. The growth perspective for all organizations and companies.

v. Infrastructure level and quality.