According to most analysts:
A) the transition economies should avoid bankrupting firms until the economies are more firmly established.
B) bankruptcies in the transition economies are wasting resources that could be better used in producing goods and services.
C) more bankruptcies should be occurring in the transition economies so that resources could be moved into more profitable activities.
D) the transition economies have done a good job in creating legislation that allows private and state enterprises to become bankrupt.
Correct Answer:
Verified
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