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Questions and Answers
What term is used to describe China's transition from a socialist economy to a free market economy?
What term is used to describe China's transition from a socialist economy to a free market economy?
- Authoritarian market economy
- Capitalist market economy (correct)
- Communist market economy
- Totalitarian market economy
Which company accounts for 80% of China's online shopping?
Which company accounts for 80% of China's online shopping?
- Alibaba (correct)
- Tencent
- JD.com
- Baidu
In terms of population, which country has a population of about 1.4 billion?
In terms of population, which country has a population of about 1.4 billion?
- India
- China (correct)
- Russia
- United States
What is the term used to describe an economic system where the government controls all resources and means of production?
What is the term used to describe an economic system where the government controls all resources and means of production?
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Which country does NOT follow a 'socialist market economy' model?
Which country does NOT follow a 'socialist market economy' model?
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