Which of the Following Has Tended to Increase the Competitiveness

question 92

Multiple Choice

Which of the following has tended to increase the competitiveness of markets in the United States during the last couple of decades?

• A) increases in transport costs
• B) development of the Internet
• C) decreased competition from imports
• D) more government regulation of product quality

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Definitions:

Transfer of Wealth

The movement of financial assets or resources from one individual, group, or area to another, often influenced by policies or events.

Logrolling

A practice in politics where two or more parties agree to vote for each other’s proposed legislations or interests, even if they are not in mutual support of the policies involved.

Fiscal Policy

Government strategies concerning spending and taxation to influence the economy, aiming to control inflation, unemployment, and encourage economic growth.

Government Spending

The total of all public expenditures made by government agencies, including investments and consumption.