Which of the following statements does not apply to the contemporary Canadian economy?
A) There is still a high concentration of economic power in a small group of giant private-sector corporations
B) Canadian businesses now buy or invest more in foreign countries than they do in Canada
C) The government's presence on the economic scene has declined in the past several decades
D) Non-Canadian companies exert greater influence in the economy than they ever have
E) Canada's economic developments can be seen as logical developments of the expansion of the globalizing capitalist system

Question

Quizplus · Accepted Answer

Non-Canadian companies do have influence, but the statement that they exert greater influence than ever is not accurate, as Canadian companies and government policies still play significant roles in the economy.

Which of the Following Statements Does Not Apply to the Contemporary