Which of the following is one of the reasons to believe that institutional change is more likely now than in the past?
A) The colonial era is over and countries are in the position to make their own institutional choices.
B) The collapse of communism has expanded the opportunity for institutional change.
C) Reductions in transportation and communication costs have increased the importance of institutions and policies.
D) All of the above are true.
Correct Answer:
Verified
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