economic development: country c\ncountry c used to be a command economy but is now in the process of…

economic development: country c\ncountry 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.\nwhich factor places this nation in the transitioning category?\nmultinational corporations operate within its borders.\nit is shifting from a planned to a free - market economy.\nit has recently increased trade with western europe.\nit has a rising gdp.

economic development: country c\ncountry 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.\nwhich factor places this nation in the transitioning category?\nmultinational corporations operate within its borders.\nit is shifting from a planned to a free - market economy.\nit has recently increased trade with western europe.\nit has a rising gdp.

Answer

Brief Explanations:

A transitioning economy is one moving from a planned (command) to a free - market system. Country C is changing its economic system from a command economy to free - market capitalism, which is the key factor for it being in the transitioning category. Multinational corporations operating, increased trade, and rising GDP are results or aspects of the transition, not the defining factor.

Answer:

It is shifting from a planned to a free - market economy.