Question

The government of Uwannastan protects its newly privatized firms from foreign competition by imposing stringent barriers to international trade and foreign direct investment. As a result of this, the newly privatized firms will: have no control over production and pricing. import raw materials and many industrial goods at low tariffs. continue operating like State-owned enterprises continue operating like private companies under capitalism

Answer 1

Answer: Continue operating like State-owned enterprises

Step-by-step explanation:

Newly privatized would imply that they were once government owned which means that they were probably monopolies. These new companies are protected from foreign competition which means that their goods will be the dominant ones in the economy.

They will therefore keep operating as though they are state-owned companies because their goods will be dominant making them monopolies which is what government owned companies usually are.