An Important Outcome of the Transition of the Former Eastern

question 33

Multiple Choice

An important outcome of the transition of the former Eastern Bloc countries to a market economy is:

• A)increasing forced domestication policies
• B)increased product development costs
• C)decreased foreign direct investment
• D)deregulation and privatization of former government monopolies

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Definitions:

Voluntary Dimension

An aspect or attribute that is chosen freely or without compulsion, often relating to decisions or actions.

Profit Earning

The net income that a company generates, calculated as revenues minus expenses, taxes, and costs.