The political dilemma facing the Eastern European countries as they attempted to reform their economies in the 1990s was
A) that they had to give up their domestic currency's convertibility for fixed exchange rates.
B) the falling price of bread, which was creating unrest among the masses.
C) reduced domestic consumption because their exports were greater than their imports.
D) the need to absorb the current pain associated with reforms whose benefits would be realized only much later.
E) that in many cases the state-owned enterprises were run much more efficiently than was possible under private ownership.
Correct Answer:
Verified
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