What was the Philippines' ranking in the 2018 World Bank Ease of Doing Business report?

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Multiple Choice

What was the Philippines' ranking in the 2018 World Bank Ease of Doing Business report?

Explanation:
The key idea is that the Ease of Doing Business ranking shows how easy it is to start and run a business in a country compared with others, with a lower number indicating a more favorable environment. In 2018, the Philippines was ranked 113th out of 190 economies. This position means that, among the countries surveyed, 112 were considered easier for business and 77 were harder, placing the Philippines in the middle-lower range of the rankings that year. It reflects the level of reform needed across indicators like starting a business, obtaining permits, registering property, and paying taxes. So 113 is the recognized figure for that year, making it the correct choice. The other numbers don't match the 2018 World Bank Doing Business record, and “None of the choices” would be incorrect because there is a specific rank.

The key idea is that the Ease of Doing Business ranking shows how easy it is to start and run a business in a country compared with others, with a lower number indicating a more favorable environment. In 2018, the Philippines was ranked 113th out of 190 economies. This position means that, among the countries surveyed, 112 were considered easier for business and 77 were harder, placing the Philippines in the middle-lower range of the rankings that year. It reflects the level of reform needed across indicators like starting a business, obtaining permits, registering property, and paying taxes. So 113 is the recognized figure for that year, making it the correct choice. The other numbers don't match the 2018 World Bank Doing Business record, and “None of the choices” would be incorrect because there is a specific rank.

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