18. The lack of property right protections and the rule of law have
a. had little effect on China's economy.
b. encouraged foreign investment.
c. helped China's transition to capitalism.
d. hindered China's transition to capitalism.
20. China made a big step toward capitalism when in 1999 they joined the
a. United Nations
b. NAFTA
c. GATT
d. WTO
21. One of the problems of privatization of businesses in Russia was that
a. there were not enough workers to fill the demand for labor.
b. no one wanted any of the businesses.
c. they were sold at bargain-basement prices to insiders.
d. western countries took them over and retained the profits.

