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Country A has an absolute command economy. Country B has a mixed economy and a population that favors market trade. Both want to increase trade to generate more wealth. Which action would Country B most likely take that Country A would not?


Impose stricter divisions of labor


Increase production quotas


Loosen certain trade regulation


Permit limited private ventures

Verified Answer :

Let's look at all the options in turn:
Impose stricter divisions of labor
-this doesn't have anything to do with trade, so it's not the correct answer.


Increase production quotas
-what we want is a bigger trade, not production, so again, not the correct answer


Loosen certain trade regulation
-this is the best answer. Loosening trade regulations will increase trade, but country A won't do it since it would challenge their control over the market


Permit limited private ventures

-in country B those are likely already permitted anyway