The United Nation of Zorwaya has strict restrictions on direct investm

QUESTION

The United Nation of Zorwaya has strict restrictions on direct investment by foreign enterprises, and it opposes the establishment and operation of private enterprises.

The highest authority in the country enforces tight control over prices and production output. According to this information, the United Nation of Zorwaya most likely opposes:
A. nationalization of private assets.

B. deregulation.

C. socialism.

D. totalitarian ideologies.

E. command economies.

ANSWER

B
Deregulation involves removing legal restrictions to the free play of markets, the establishment of private enterprises, and the manner in which private enterprises operate.