Final answer:
The Central and Eastern European republics have attempted to shift from centrally planned economies to market-based economies, spurred on by free-market policies and EU membership. This transition has led to increased intercountry trade and the growth of private capitalism and foreign investments.
Step-by-step explanation:
The Central and Eastern European republics have attempted to make a shift from centrally planned economies to market-based economies. This transition has been spurred on by the progress toward free-market policies and the acceptance of many of these countries into the European Union. The move towards market-based economies has allowed for intercountry trade to grow and has provided opportunities for private capitalism and foreign investments.