Logical reasoning: ‘The most commonly cited explanation for nationalization of foreign companies is a change in government. Nationalization tends to cover a wide range of industries and is not selective by country of ownership.’ The statement assumed that:

A Defense-related, government-related, and natural resource industries are most likely to be nationalized

B Nationalization of business is so widespread as to cause concern.

C The process of nationalization is not limited to any particular industry or country.

D Sharing ownership with local nationals will hinder takeovers by foreign governments.

Solution

Correct Answer: Option B

Solution

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