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Which of the following are the features of China's economy. -

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Question

Which of the following are the features of China's economy.

Options

  • In China, there was command system.

  • It has recently started moving towards a liberal restructuring.

  • One of the most characteristic features of China's economy today is it's heavy reliance on export driven growth

  • All of the above

MCQ

Solution

All of the above

Explanation:

There existed a command system in China. It has just recently begun to move toward a more liberal structure. The significant reliance on export-driven growth and China's addiction to collecting US dollars are two of the most distinguishing traits of the Chinese economy today.

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