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AGB 302 Final Exam | 100 Questions with 100% Correct Answers | Updated & Verified 2024
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AGB 302 Final Exam | 100 Questions with 100%Correct Answers | Updated & Verified 2024
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Terms in this set (99)
which of the following is a creation of a legal system to safeguard property
step in the shift towards a rights
market based economic
system?
design and names by trademarks
which merchants or
manufacturers designate
and differentiate their
products are known as
__________
,________, a nobel prize- amartya sen
winning economist, has
argued that development
is not just an economic
process, but it is a political
one as well.
in several western privatization
democracies, the poor
performance of state-
owned enterprises,
because of protection
from competition and
guaranteed government
financial support, led to
________.
one of the reasons for the increasingly prosperous middle and working classes
spread of democracy is
the emergence of
_____________ who have
pushed for democratic
reforms.
which of the following preventing bribery and unethical acts in the conduct
areas of international of international business
trade is regulated by the
Foreign Corrupt Practice
Act?
the tenet of ___________ is that individualism
the welfare of society is
best served by letting
people pursue their own
economic self-interest.
, the state can expropriate excessive taxation
the profits from innovation
through legal means, such
as ____________.
a free market economy in a democratic regime
which property rights are
protected leads to
subsequent economic
growth, which often leads
to the establishment of:
under the ___________, cases common law system
are judged with reference
to three characteristics:
tradition, precedent, and
custom.
anecdotal comparisons education
suggest that the assertion
that nations that invest
more in _________ will have
higher growth rates is true.
which of the following purchasing power party (PPP) adjustment
helps in adjusting GNI
such that it accounts for
the differences in the cost
of living?
in a ___________ economy, mixed
certain sectors of the
economy are left to
private ownership and
free market mechanisms
while other sectors have
significant state ownership
and government planning.
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