Under the Terms of the Trade Agreement CAFTA-DR, the State-Run

Multiple Choice

Under the terms of the trade agreement CAFTA-DR, the state-run telephone system in Costa Rica was opened up for competition. Now four main companies dominate the telecommunications industry for mobile phones and Internet. The telecommunications industry in Costa Rica went from being a(n) ___________ to a(n) _______________.

A) oligopoly; monopolistic competitive environment
B) monopoly; monopolistic competitive environment
C) monopoly; oligopoly
D) monopolistic competitive environment; oligopoly
E) pure competitive environment; oligopoly