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A government is concerned that foreign owned companies are responsible for a high proportion of the economy’s output. Therefore it nationalizes timber extraction, which is controlled by a foreign owned company. What benefit will the economy gain from the change in ownership? A: Forestry workers will become the new owners. B: Profits will no longer be sent abroad to foreign shareholders. C: Social costs arising forestry will be eliminated. D: The market for timber will become more competitive
Sagot :
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