Answer:
when Neil Armstrong stepped onto the moon for the first time
Explanation:
The protection of markets with excess labor refers to the erection of barriers to imports of products competing with local offerings in an effort to protect local jobs. This is found in the <u>"Arguments for Protectionism"</u> section.
<u>Explanation</u>:
Arguments for Protectionism were made to protect the national security value of the trade. The arguments for protectionism section comprise many protection measures. They are as follows:
i) Protection on markets with excess productive capacity
ii) Employment protection and protection of markets with excess labor
iii) Protection of consumers
iv) Infant industry arguments
v) National defense interests
Excess productive capacity in the markets can help in invoking the protection of local labor and preventing purchase from foreign countries.
B) Love of country (got it right on a test)
Post-communist reforms in many Central European countries, particularly Romania and Bulgaria, have been hampered by the persistence of corruption and organized crime.
Post-communist reforms:
The WIDER group evaluated the four fundamental pillars of a successful transition in Eastern Europe—stabilization, price liberalization, privatization, and restructuring—in their prior report, Post-communist Reform in Eastern Europe. This elite group of economists has been actively participating in the reform process for the past three years. In this new research, they take stock, revisit the key ideas, and evaluate the state of play, notably in Russia.
The major Central European nations were stabilized mostly according to plan. In contrast, Russia is moving along a path of a reorganization rather than stabilization. The writers discuss the potential success of this alternate approach. Regarding privatization, they point out that earlier strategies were based on the supposition that the resources belonged to the government. as sluggish development.
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