A pure command economy is:
A) Characterized by the invisible hand of market forces.
B) Defined by a government taking the commanding height in the economy.
C) Characterized by a government that only performs functions the private sector cannot perform.
D) Characterized by innovation and entrepreneurial activities.
Correct Answer:
Verified
Q25: The world s largest democracy is:
A) United
Q26: _ are exclusive legal rights of firms
Q27: The division of labor thesis was first
Q28: More than 80 countries practice:
A) Common law
B)
Q29: Civil law is derived from:
A) Greek law
B)
Q31: _ had been embraced throughout Central and
Q32: The government taking a hands-off approach is
Q33: The institution-based view of global business focuses
Q34: Civil law can be best described by
Q35: Political risk is associated with political changes
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