In an attempt to create greater competition and growth opportunities, countries often ________.
A) increase trade barriers
B) protect industries
C) deregulate industries
D) encourage intermediation
E) reduce privatization

Question

Quizplus · Accepted Answer

Deregulating industries removes government regulations that may impede competition and growth opportunities. Increasing trade barriers or protecting industries can actually limit competition by reducing imports or shielding certain industries from competition. Encouraging intermediation or reducing privatization may not necessarily address competition and growth opportunities.

In an Attempt to Create Greater Competition and Growth Opportunities