Which of the following statement about Deng Xiaoping's economic reforms and Southern Tour is INCORRECT? a. Deng's
Question:
Which of the following statement about Deng Xiaoping's economic reforms and "Southern Tour" is INCORRECT?
a. Deng's policies transformed China into the world's most efficient assembler come exporter of a wide range of manufactured goods.
b. The Evolution of China's Trade Regime began with Deng Xiaoping's "Southern Tour" in 1992.
c. Deng deliberately promoted the coastal region to give China the advantages needed to become globally competitive, which lead to an "unbalanced" economic development.
d. China's industrial capacity was developed mainly through Foreign Direct Investment in the Special Economic Zones, where enterprises could enjoy tax exemptions and better government services.
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-0078111044
16th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello