For Privatization to Work, It Must Also Be Accompanied by

question 67

Multiple Choice

For privatization to work, it must also be accompanied by

• A) an increase in trade barriers and tariffs.
• B) an increase in government subsidies.
• C) stronger barriers to foreign competition.
• D) a general deregulation of the economy.

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Definitions:

CDs

Compact Discs, a digital optical disc data storage format used for storing digital data.

Budget Constraint

The limitation on the consumption patterns of individuals or entities based on their income and the prices of goods and services.

Points Along

Specific locations identified on a graph or line that represent data points or positions related to a particular value.

Budget Constraint

An economic model that shows the combination of goods and services a consumer can purchase with a given income.