Which of the following represents a continuum from low to high trust?
A. Market exchange, strategic partnership, functional relationship
B. Functional relationship, market exchange, strategic partnership
C. Market exchange, functional relationship, strategic partnership
D. Strategic partnership, functional relationship, market exchange
E. None of the above
Ans: C. Market exchange, functional relationship, strategic partnership
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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