Which of the Following Is a Characteristic Feature of Privatization

question 74

Multiple Choice

Which of the following is a characteristic feature of privatization of state-owned enterprises?

• A) It normally has a negative effect on economic growth.
• B) It blocks investment of capital in strategic areas.
• C) It often leads to modernization.
• D) It results in a draining of the future national resources.
• E) It brings about a political shift in the country.

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Definitions:

EFTA

The European Free Trade Association, an intergovernmental organization promoting free trade and economic integration to the benefit of its four European member states.

Unauthorized Use

The improper or illegal use of something without permission or beyond the scope granted by its owner or governing rules.

Legal Relations

Refers to the legally enforceable relationships between individuals or entities, governed by laws and statutes.

Principal's Affairs

Matters or business activities that are managed or acted upon by an agent on behalf of a principal.