78. The United Nation of Zorwaya has strict restrictions on direct investment by foreign
enterprises, and it opposes the establishment and operation of private enterprises. The highest
authority in the country enforces tight control over prices and production output. According to
this information, the United Nation of Zorwaya most likely opposes _____.
79. Which of the following is most likely to indicate that the nation of Erbia has adopted
deregulation?
80. Which of the following steps is most likely to be involved in the deregulation of an
economy?
81. Which of the following best supports the economic transformation from a centrally
planned command economy to a market-based economy?
82. The _____ movement started in Great Britain in the early 1980s when then Prime Minister
Margaret Thatcher started to sell state-owned assets such as the British telephone company.
83. How does privatization help stimulate gains in economic efficiency?
84. Which of the following is most likely to guarantee the success of privatization?
85. The government of Greenland Republic protects its newly privatized firms from foreign
competition by imposing stringent barriers to international trade and foreign direct investment.
As a result of this, the newly privatized firms will:
86. Which of the following statements is true about privatization?
87. In the Republic of Lantharia, the state-owned telephone company enjoys a monopoly.
The government of Lantharia Republic wants to maximize the operating efficiency this company
by privatizing it. Which of the following is most likely to help the government in being successful
in this endeavor?
88. A well-functioning market economy is most likely to lack:
89. The absence of a legal system that protects property rights and the lack of machinery to
enforce that system in a market economy usually results in:
90. Which of the following is an implication of the global changes in political and economic
systems for international business?
91. Which of the following is most likely to be an implication of the global financial crisis of
2008–2009, and the recession that followed?
92. Many commentators have blamed the problems that led to global financial crisis of 2008–
2009, and the recession that followed on:
93. Which of the following statements is true about the global changes in political and
economic systems?
94. The _____ of the Cold War era has vanished.
95. The United Nation of Amberia, a Western European country, fought on the winning side
of the Cold War. Which of the following was most likely being propagated by the country by
participating in the Cold War?
96. Countries with _____ are more likely to attain high and sustained economic growth rates
and are thus a more attractive location for international business.
97. Although China and India are very large markets when measured by number of
consumers, their _____ makes them a relatively small market when measured in economic
terms.