France's Neoliberal Modernization Strategies Include

question 63

Multiple Choice

France's neoliberal modernization strategies include

• A) dirigisme in only select sectors like biotech.
• B) privatization, deregulation, and liberalization.
• C) sharp increases in social spending.
• D) increasing the country's holdings of foreign currencies.
• E) All of the above statements are true.

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Definitions:

Reimbursed

To be reimbursed means to receive repayment for money that has been spent or lost, usually as a result of conducting business or performing tasks on behalf of another.

Apparent Authority

A situation where a person appears to have been given the power to act on behalf of another, even if no actual authority was granted.

Undisclosed Principal

A principal whose identity is concealed from the third parties with whom the agent is dealing; the rights and obligations of the parties depend on whether the agent makes it clear that she is representing an undisclosed principal rather than operating on her own behalf.

Continuing Business

An ongoing enterprise that maintains its operations over time, adapting to changes as necessary to remain viable.