Economics · Oct / Nov 2018 · Paper 12 · Question 4
China, the world's second largest economy, is becoming more like a market economy. Which policy would contribute directly to such a change?
- Aabolishing state control completely
- Bencouraging consumers to spend more and save less
- Creducing exports and encouraging more imports
- Dtransferring wealth from the state sector to the private sector
As printed in the paper
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Correct answer: D. transferring wealth from the state sector to the private sector
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