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Identify the accurate statement regarding privatization. Multiple choice question. For privatization to work, it must also be accompanied by a more general deregulation and opening
Identify the accurate statement regarding privatization. Multiple choice question. For privatization to work, it must also be accompanied by a more general deregulation and opening of the economy. Privatization has always succeeded when newly privatized firms continued to receive subsidies from the state. Privatization has always succeeded when newly privatized firms are protected from foreign competition by barriers to international trade and FDI. Simply selling state-owned assets to private investors has guaranteed economic growth in a country
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