Step 1 : Introduction to the question "Which is the second smallest country in the world?"
...The sovereign principality of Monaco sits in the French Riviera along the Mediterranean Sea. It is the world's second smallest country, taking up a geographical area of less than one square mile. This tax haven for the rich covers only 202 hectares. The principal industry in the principality is tourism, specifically its famous casinos. People flock to the tiny country to enjoy gambling, luxurious Mediterranean beaches, boating, and to attend racing events such as the Grand Prix de Monaco. The country is ruled by Prince Albert Alexandre Louis Pierre Grimaldi (Prince Albert II.) His family has ruled over Monaco since the late 1200s, off and on. Source: WorldAtlas.com
Step 2 : Answer to the question "Which is the second smallest country in the world?"
Monaco:
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