Answer Happy

25. Currently in China a) all banks are owned by the State. b) only shadow banks exist. c) Legitimate banks and shadow banks coexist. d) all shadow banks are owned by the state. e) none of the above. 26. Special Economic Zones (SEZ) were a) formed across the Forbidden City. b) strategic agricultural communes given special privileges c) structures with financial independence. d) structures established to accommodate military personnel e) none of the above 27. The Little Red Book a) was a brief history of China starting with dynasties. b) was the red book Mao wrote his memoirs. c) contained quotations of Chairman Mao. d) contained texts compiled from ancient children fairy tales. e) none of the above. 28. New Protectionism in the form of non-tariff, non-quota trade barriers a) are bureaucratic and administrative barriers aimed at reducing imports. b) made illegal by the WTO c) was practiced by Japan d) all correct e) only a and c correct 29. China may be classified as a market socialist economic system because it a) has encouraged unbalanced economic growth between agriculture and industry. b) uses foreign trade as a mechanism to promote economic growth and developmen c) uses elements of both market and plan d) none of the above 30. War communism in USSR a) came after NEP b) involved substantial nationalization c) Involved forced requisitioning of agricultural products. d) All except a are correct. e) None of the above.