Economic Liberalization and Deregulation

question 59

Multiple Choice

Economic liberalization and deregulation

• A) has brought about the end of state ownership of all key industries including railroads, telephone utilities, and the defense industry.
• B) have not had an economically averse affect on municipal governments.
• C) began during the late apartheid era and have continued during the post-apartheid era.
• D) began only after the end of apartheid.
• E) came only as a result of concessions made by South Africa in order to join international bodies like the World Trade Organization.

---

Definitions:

Ownership Interest

An individual's or entity's legal share or involvement in an asset, which grants rights and potential financial benefits.

Maturity Value

The amount payable to an investor at the end of a debt instrument's holding period or maturity date, including both the principal and any remaining interest payments.

Stated Rate

The interest rate stated on the face of a bond or other fixed-income security, which is used to calculate the interest payments to the bondholders.