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Which of the Following Statements Is True of the Economic

Question 47

Multiple Choice

Which of the following statements is true of the economic system of North America?


A) The free-market-based economy of this region allows for more freedom in decision-making processes of private firms
B) The command economy of this region allows for greater flexibility with decisions and low barriers for other countries to establish business
C) The free-market-based economy of this region results in lowering barriers when attempting to move into other countries
D) The command economy of this region allows competition to strive while the government can extend assistance to individuals or companies

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