Which of the following steps is most likely to be involved in the deregulation of an economy?
A)Increasing restrictions on direct investment by foreign enterprises and international trade
B)Privatizing state-owned enterprises
C)Exercising a high degree of state control over production and pricing
D)Abolishing laws related to the protection of property rights
E)Opposing democracy by adopting communism

Question

Quizplus · Accepted Answer

Deregulation involves removing price controls, thereby allowing prices to be set by the interplay between demand and supply; abolishing laws regulating the establishment and operation of private enterprises; and relaxing or removing restrictions on direct investment by foreign enterprises and international trade.

Which of the Following Steps Is Most Likely to Be