The __________ policy in China included ending collective

farming, opening to world markets, and allowing private businesses.
a. Great Leap Forward
b. new economic thinking
c. reform and opening
d. special economic zones

Answer: c

Political Science

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Critics are concerned that the clash-of-civilizations thesis could become a self-fulfilling prophecy

Indicate whether this statement is true or false

Political Science

How does import substitution compare to export-led growth?

A) Import substitution is effective in later phases of economic development, whereas export-led growth is effective in all phases of economic development. B) Import substitution works best when the local industry is a service industry, whereas export-led growth works best when the exports are raw materials. C) Import substitution has proven effective where it has been used, whereas export-led growth has had limited success. D) Import substitution seeks to develop local industries to produce items that the country had been importing, whereas export-led growth seeks to develop local industries that can compete in specific niches in the world economy.

Political Science