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The Central and Eastern European republics:

A. Have attempted to grow in terms of intercountry trade, spurred on by the progress toward free-market policies

B. Have attempted to decrease inflation by lowering the GDP

C. Are attempting to make a shift from centrally planned economies to market based economies

D. Are attempting to make a shift from a centrally planned economy to a mixed economy

1 Answer

4 votes

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.

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