Privatization Has Provided Many Opportunities for Foreign Firms to Enter

question 31

Multiple Choice

Privatization has provided many opportunities for foreign firms to enter transition economies by ________.

• A) initiating joint ventures with local businesses
• B) the transfer of state-owned industries to private concerns
• C) exporting products with a high mark-up price
• D) exporting products of inferior quality

---

Definitions:

Truthfulness

The quality of being honest, accurate, and consistent with facts or reality.

Ideological Arguments

Discussions or debates grounded in sets of beliefs or principles that influence the way individuals think about society, politics, economics, or culture.

Implicit Assumptions

Implicit assumptions are unstated beliefs or ideas that are taken for granted as part of an argument or decision-making process.