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Which one of the following statements on nationalisation and privatization is correct? 1.nationalisation is the transfer of ownership from the public sector to the private

Which one of the following statements on nationalisation and privatization is correct?

1.nationalisation is the transfer of ownership from the public sector to the private sector.

2.privatisation is the transfer of ownership from private enterprise to government.

3.one of the arguments in favour of privatization is that the privatised firm may attract foreign direct investment.

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