Which of the Following Statements Is True

question 195

Multiple Choice

Which of the following statements is true?

• A)Increased international trade has resulted in increased competition in the U.S. economy.
• B)Greater monopolization of industries in the U.S. economy has increased competition.
• C)U.S. producers responded to trade disadvantages in the eighteenth century by exiting the industry.
• D)An increase in imports accounted for one-fifth of the increase in competition.
• E)Two-fifths of the growth in competition between 1958 and 2000 occurred due to deregulation.

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