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14 October, 22:03

What steps must countries take to transition to a mixed-market economy? Check all that apply

A They must establish state-owned businesses.

B They must decrease private ownership.

C They must establish a fair labor market.

D They must discourage foreign investment.

E They must open up trade to other countries.

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Answers (2)
  1. 15 October, 00:33
    0
    What steps must countries take to transition to a mixed-market economy? Check all that apply

    The must establish a fair labor market and open up trade to other coutries

    C and E
  2. 15 October, 01:40
    0
    I believe the answer is:

    C They must establish a fair labor market.

    E They must open up trade to other countries.

    in mixed market economy, the country would allow a balanced role between the public and the private sector in the resource management.

    Which means that the economy would run on a free market system, but the government shall play a role as a regulators to ensure all private players do not make any illegal move.

    It also give the right for the government to make any trade relations with foreign countries that would benefit our country
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