Business, 30.11.2020 22:10 pablogonzaleztellez

Which factor places this nation in the transitioning category?
O Multinational corporations operate within its
borders.
Country C used to be a command economy but is now in
the process of altering its economic system to embrace
free-market capitalism. It is privatizing businesses that
the state once owned, granting more political and
economic freedoms, boosting trade with Western Europe,
and seeking foreign investment. Its GDP is improving
and has reached $9,000 per capita. It is also improving
its transit and financial infrastructure. Independent
banks and a stock market have just been created with
IMF loan assistance.
O It is shifting from a planned a free-market
economy
It has recently increased trade with Western
Europe
o It has a rising GDP

EDGE 2020 ANSWER B: It is shifting from a planned to a free-market economy.

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Which factor places this nation in the transitioning category?
O Multinational corporations o...

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