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Transition economies Flashcards | StudBud
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Transition economies
Transition economies
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StudBud Administration
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#economics #grade_10
Flashcards
11 cards
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Practice quiz
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Questions
11
Answers
1
In which continent are transition economies most common
North America
Europe
Australia
Africa
2
How many countries transitioned economies after the Soviet Union collapsed
5
0
17
15
3
Transition economies usually experience a rise in inflation
False
True
4
A transition economy often comes with...
Lack of sophisticated legal system
All of the above
Corruption
Lack of entrepreneurship and skills
5
There is at least one transitioning economy in each continent
False
True
6
there are more developed economies than transition economies in the world
True
False
7
Employment rates rise when a country transitions economies
True
False
8
There are no transitioning economies in North America
False
True
9
Transition economies go from...
centrally planned economy to a market economy.
One form of currency to another
10
Most transition economies are result of the Soviet Union collapsing
False
True
11
Which of these countries is a transitioning country
Canada
The United States of America
China
Mexico