Policy Hindering Market Liberalization

Steps:

• Identify the global trend: Shift from state-controlled nationalized industries to market-driven economies via privatization and deregulation.
• Determine limiting policy: One that retains government intervention in formerly state-owned sectors.
• Assess options: A, B, and C enable free markets; D imposes controls.
• Select D: It maintains state oversight, opposing full market transition.

Why D is correct:

• Price regulation in ex-nationalized industries preserves government control over pricing, preventing complete privatization as defined in economic liberalization theory.

Why the others are wrong:

• A: Builds investor access, accelerating privatization and market economies.
• B: Enables cross-border transactions, supporting global market integration.
• C: Reduces barriers, directly advancing liberalization and away from state control.

Final answer: D