Who among the following adopted an ‘open door’ policy?
a. China b. EU c. Japan d. USA
NCERT Class XII
Political Science - Contemporary World Politics
Chapter 4. Alternative Centres of Power
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(c)Japan is the answer.............
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Answer:
A. China.
Explanation:
During the 1970s, China as a country had to undergo some economic reforms, and due to the implementation of the changes, a new policy was introduced. This new policy aimed to improve the productivity of the country by creating more investments as well as innovative new technologies from other countries that were already ahead of China. Therefore the Chinese economy was able to recover in the market by prioritizing privatization.
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