AGB 302 Final Exam | 100 Questions with 100% Correct Answers | Updated & Verified
Question :1) In several Western democracies, the poor
performance of state-owned enterprises, because of protection
from competition and guaranteed government financial
support, led to ________.
Correct answer: privatization
Question :1) The tenet of ________ is that the welfare of
society is best served by letting people pursue their own
economic self-interest.
Correct answer: individualism
Question :1) In a ________ economy, certain sectors of the
economy are left to private ownership and free market
mechanisms while other sectors have significant state
ownership and government planning.
Correct answer: mixed
Question :Which of the following statements about the legal
systems of countries is true?
Correct answer: They can affect the attractiveness of a
country as an investment site or market
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