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Stringent Governmental Regulations (E

Question 29

Multiple Choice
Stringent governmental regulations (e.g.,air quality standards) imposed on domestic steel manufacturers tend to:
A) Enhance their competitiveness in the international market
B) Detract from their competitiveness in the international market
C) Increase the profitability and productivity of domestic manufacturers
D) Reduce the market share of foreign firms selling steel in the domestic market

Stringent governmental regulations (e.g.,air quality standards) imposed on domestic steel manufacturers tend to:


A) Enhance their competitiveness in the international market
B) Detract from their competitiveness in the international market
C) Increase the profitability and productivity of domestic manufacturers
D) Reduce the market share of foreign firms selling steel in the domestic market

Correct Answer:

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