Question #11

Reading: Reading 7 Economics of Regulation

PDF File: Reading 7 Economics of Regulation.pdf

Page: 5

Status: Unattempted

Part of Context Group: Q10-11
Shared Context
- If Wiggins is correct about the government motivation for Proposal 14a.3 in Exhibit 1, then this is most likely an example of: A) regulatory competition. B) regulatory capture. C) regulatory arbitrage.
Question
Which of the following statements is most likely correct regarding the approach a government typically takes to competition?
Answer Choices:
A. Antitrust laws typically aim to restrict competition from overseas and promote competition domestically
B. Antitrust laws typically aim to promote competition from overseas and restrict it domestically
C. Antitrust laws typically aim to restrict competition from overseas and domestically
Explanation
Typically a government will seek to promote competition domestically but at the same time restrict it from overseas.
Actions
Practice Flashcards