Which scenario exemplifies privatization?
Multiple Choice
A country allows state-owned coal companies to sell coal to private parties.
A country reduces trade barriers, allowing individuals to engage in export and import.
A country enlists the services of Somers Consultancy, a global management consulting firm, to improve the profitability of the state-owned airlines company.
A country sells its postal services to a consortium of companies that runs it as a profit-making venture without any state funding.