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JAMB Economics 2012 Objective — Question 44

Question 44 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2012 Objective paper, with the correct answer and a full explanation.

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A policy aimed at enhancing globalization of the Nigerian economy is

  • A. indigenization
  • B. deregulationCorrect
  • C. commercialization
  • D. privatization

Explanation

Deregulation is the removal of governmental control on certain sectors of the economy. This gives access to private investors from within and outside the country to operate in the sector.

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