In many places around the world, monopolies result from:
A) growing trade imbalances and trade deficits.
B) the decreased market power of globalized markets.
C) trade liberalization policies of the twentieth century.
D) government policies.

Question

Quizplus · Accepted Answer

Monopolies often result from government policies, such as granting exclusive contracts or licenses, imposing high barriers to entry, or failing to enforce antitrust laws. In some cases, governments may even create state-owned monopolies. Trade imbalances and deficits, globalization, and trade liberalization may contribute to concentration of market power, but they do not necessarily result in monopolies.

In Many Places Around the World, Monopolies Result From