Which of the Following Is a Step Involved in the Deregulation

question 14

Multiple Choice

Which of the following is a step involved in the deregulation of a command economy?

• A) Adding price controls
• B) Temporarily restricting international trade
• C) Abolishing laws regulating the establishment and operation of private enterprises
• D) Increasing restrictions on direct investment by foreign enterprises

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Definitions:

Financial Statements

Official records of the financial activities and position of a business, person, or other entity, presented in a structured manner.

Spot Rate

The current price in the foreign exchange market at which a currency can be bought or sold for immediate delivery.

Forward Rate

The agreed-upon exchange rate for a currency or commodity to be delivered and paid for at a future date.

Loan Payable

A liability account on the balance sheet representing the amount of borrowed funds that a company must repay to creditors.