International Business: The Challenges of Globalization (8th Edition)
International Business: The Challenges of Globalization (8th Edition)
8th Edition
ISBN: 9780133866247
Author: John J. Wild, Kenneth L. Wild
Publisher: PEARSON
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Chapter 3.2, Problem 3QS2
Summary Introduction

To Determine:

Laissez-Faire economics calls for less government interference in commerce and what else?

Introduction:

Laissez-faire is an economic system where there is abstention by government from interfering in transaction between private parties through regulations, tariffs, subsidies and privileges.

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