AGB 302 FINAL EXAM |100+ Questions with 100% Correct Answers | Updated & Verified 2023 . AGB 302 Final 1. which of the following is a step in the shift towards a market based economic system?: creation of a legal system to safeguard property rights 2. design and names by which merchants or manufact...
AGB 302 FINAL EXAM |100+ Questions with 100%
Correct Answers | Updated & Verified 2023
, AGB 302 FINAL EXAM |100+ Questions with 100%
Correct Answers | Updated & Verified 2023
which of the following is a step in the shift towards a market based economic system? -
Answer creation of a legal system to safeguard property rights
design and names by which merchants or manufacturers designate and differentiate
their products are known as - Answer trademarks
, a nobel prize-winning economist, has argued that development is not just an
economic process, but it is a political one as well. - Answer amartya sen
in several western democracies, the poor performance of state-owned enterprises,
because of protection from competition and guaranteed government financial support,
led to . - Answer privatization
one of the reasons for the spread of democracy is the emergence of
who have pushed for democratic reforms. - Answer increasingly prosperous middle and
working classes
which of the following areas of international trade is regulated by the Foreign Corrupt
Practice Act? - Answer preventing bribery and unethical acts in the conduct of
international business
the tenet of is that the welfare of society is best served by letting people
pursue their own economic self-interest. - Answer individualism
the state can expropriate the profits from innovation through legal means, such as
. - Answer excessive taxation
a free market economy in which property rights are protected leads to subsequent
economic growth, which often leads to the establishment of: - Answer a democratic
regime
under the , cases are judged with reference to three characteristics:
tradition, precedent, and custom. - Answer common law system
anecdotal comparisons suggest that the assertion that nations that invest more in
will have higher growth rates is true. - Answer education
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