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1.)A major problem with state ownership of resources is that it does not: A.) Al

ID: 1183271 • Letter: 1

Question

1.)A major problem with state ownership of resources is that it does not: A.) Allow for the full use of central economic planning B.) Let state enterprises buy resources used to make products C.) Give incentives for individuals to make the best use of those resources D.) Let state enterprises sell products produced with those resources 2.)International specialization and trade: A.)Requires active government regulation B.)Has to be done on a barter system C.)Does not illustrate the division of labor D.)Often requires the exchange of currencies

Explanation / Answer

D.) Let state enterprises sell products produced with those resources D.)Often requires the exchange of currencies