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Does a complete theory of transition exist? A- YES b- NO The planned socialist economies differed from the capitalist economies in the way they conducted

Does a complete theory of transition exist?

A- YES

b- NO

The planned socialist economies differed from the capitalist economies in the way they conducted trade in that they

A) used a government foreign trade monopoly.

B) traded on the basis of import and export plans.

C) didn't necessarily base trade decisions on relative prices.

D) used foreign imports as a safety valve.

E) all of the above.

In recent years, much FDI has taken place in the form of

A) multinational enterprises.private investment

B) loans by the IMF and World Bank.

C) loans by banks of other countries.

D) a and c are correct.

  1. Nontax compulsory payments are

A) payments that stand for taxes paid out of wages

B) voluntary payments made as contributions to the pension funds.

D) mandatory payments in addition to taxes aimed at pension contributions, unemployment insurance, and health benefits.

C) payments made by companies to their employees' pension funds.

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