Government Globalization Forces Include the Following EXCEPT

question 93

Multiple Choice

Government globalization forces include the following EXCEPT:

• A) favorable trade policies.
• B) industry deregulation.
• C) privatization
• D) electronic exchanges.
• E) open market economies.

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Definitions:

Indifference Curves

Indifference curves are graphical representations used in microeconomics to show combinations of two goods that provide the consumer with the same level of satisfaction or utility.

Budget Constraint

The limitations on household consumption based on income and the prices of goods and services.

Utility Function

A mathematical representation of how a consumer derives satisfaction from consuming different quantities of goods and services.

Optimum Point

The most advantageous position or condition that can be achieved in a given circumstance or under certain parameters.