Economics (AS & A Level) · Oct / Nov 2021 · Paper 11 · Question 14
9708Government policies to achieve efficient resource allocation and correct market failure
What is an example of privatisation?
- Athe sale on the market of a French state-owned power-generation company
- Bthe sale of a privately-owned water company to a German firm
- Cthe takeover of a French car manufacturer by the French government
- Dthe purchase of a Swedish pharmaceutical producer by a larger American pharmaceutical producer
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Correct answer: A. the sale on the market of a French state-owned power-generation company
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