Cable Deregulation Has ________, Whereas Deregulation of Electricity Has ________

question 136

Multiple Choice

Cable deregulation has ________, whereas deregulation of electricity has ________.

• A) resulted in more inefficiency; increased efficiency in the market
• B) resulted in lower prices; resulted in higher prices
• C) worked well; not worked well
• D) resulted in less innovation; resulted in more innovation

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Definitions:

NAFTA

The North American Free Trade Agreement, a treaty between Canada, Mexico, and the United States that was designed to remove tariff barriers between the three countries.

Free Trade

The unregulated exchange of goods and services across borders without tariffs or other barriers.

Political Union

A type of state or entities agreement which involves a shared government and often a merged economy and policy-making.

Trade Restrictions

Measures implemented by countries to regulate or limit the import and export of goods and services, including tariffs, quotas, and embargoes.