Expropriation is best defined as the ________.
A) transference of ownership of resources from private to public sector with no compensation
B) transference of ownership from private to public sector with compensation to private owners for their losses
C) conversion of state-owned property to privately owned property
D) conversion of state-owned property to privately owned property with no compensation
Question 2
In countries with little retail concentration, wholesalers make it easier for a firm to market its products.
Indicate whether the statement is true or false