Which action has not the baltic states transform their economies? privatizing industries encouraging foreign investment increasing trade with russia increasing trade with europe

The Baltic states were part of the Soviet Union during a big part of the 20th century. Hence, the industries were state-owned and this was a big change. Similarly, foreign investment was also prohibited a lot during the Soviet Era. Trade with Russia is an integral part of their economy and it has been so for a long time (they were part of the same country in the Soviet Union). Thus, this has not fundamentally transformed their economy. Increased trade with Europe has only become possible lately with some joining the EU and having open borders with the EU. This was very transformative since new resources came in, new trade relationships and exports were encouraged.

The correct answer should be brand c.