General Motors declared bankruptcy in 2009 but exited bankruptcy just 40 days later, after streamlining its operations
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General Motors declared bankruptcy in 2009 but exited bankruptcy just 40 days later, after streamlining its operations and selling the U.S. government a majority stake in the company. If GM had gone out of business altogether, why might that not have reduced the competition facing rival automaker Ford?
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Related Book For
Economics Principles and Policy
ISBN: 978-1305280595
13th edition
Authors: William Baumol, Alan Blinder
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