The Rationale Behind the Economic Transformation Around the World Is

Multiple Choice

The rationale behind the economic transformation around the world is:

A) the failure of capitalism to adequately protect countries from financial downturns.
B) the failure of globalization and free-trade to insulate economies from recessions in other countries.
C) the failure of command and mixed economies to match the economic development in market-based economies.
D) the economic success mixed economies have enjoyed that command and market economies have failed to achieve.