India continues to be a lower-middle-income country along with 46 others, while Srilanka has climbed to the upper-middle-income group for the fiscal year (FY) 2020, according to the World Bank’s classification of countries by income levels, released on July 1, 2019. Identify the related dimensions of the business environment.

Economic dimension

The related dimensions of the business environment highlighted in the given case isEconomic dimension (income levels and classifications of countries).