A supporter of free-market policies in the late twentieth century would have most likely explained that the policy argued for in the passage did not sufficiently.

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05-04-2022
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A supporter of free-market policies in the late twentieth century would have most likely explained that the policy argued for in the passage did not sufficiently.

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Ayokenny2001idn Ayokenny2001idn · Answer 1 · 2022-04-11T04:19:18-04:00

A supporter of free-market policies would argue that the passage didn't liberalize the Chinese economy because only fourteen cities were opened for foreign investment and trade.

What is free market economy?

A free market is where the prices of goods and services are determined by the forces of demand and supply hence there's little government intervention.

Here, the prices for goods and services in a free market economy are self-regulated by buyers and sellers without any external interference.

Hence, a supporter of free-market policies would argue that the passage didn't liberalize the Chinese economy because only fourteen cities were opened for foreign investment and trade.

Learn more about free market economy here : https://brainly.com/question/27187471

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What is free market economy?

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