Special Economic Zones in China | Economic Reforms
Question:
Which of the following countries has created special economic zones to reduce government regulations on the economy?
A. China
B. Japan
C. North Korea
D. South Korea
Please select the best answer from the choices provided.
Answer:
The countries that has created special economic zones to reduce government regulations on the economy is:
A. China
Explanation: China has established Special Economic Zones (SEZs) to encourage foreign investment, enhance economic growth, and experiment with market-oriented reforms. These zones offer reduced government regulations and incentives to attract businesses and foster economic development.
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