_____ Is NOT One of the Drawbacks in Horizontal Integration

question 49

Multiple Choice

_____ is NOT one of the drawbacks in horizontal integration.

• A) Integration failure
• B) Reduced flexibility
• C) The increased potential for legal repercussions
• D) Higher costs

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Definitions:

Frederic Bastiat

Frederic Bastiat was a 19th-century French economist and writer known for his advocacy of free markets, individual freedoms, and his critiques of socialism.

Balance-Of-Trade Deficit

A situation where a country's imports exceed its exports, leading to a negative balance in trade.

Coal

A fossil fuel used primarily for electricity generation and steel production, composed mostly of carbon.

Import Quotas

Import quotas are government-imposed limits on the quantity or value of goods that can be imported into a country, used to protect domestic industries and regulate international trade.