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Why does China have more of a command economy than Japan?
individual citizens
Converting currency makes it possible to buy and sell goods between nations with different types
quota
a tariff
It encourages trade between countries.
the government
In China, the government makes more business decisions.
a traditional economy
Which type of trade barrier describes a tax placed on imports?
individual citizens
Converting currency makes it possible to buy and sell goods between nations with different types
quota
a tariff
It encourages trade between countries.
the government
In China, the government makes more business decisions.
a traditional economy
Who makes all economic decisions in a market economy?
individual citizens
Converting currency makes it possible to buy and sell goods between nations with different types
quota
a tariff
It encourages trade between countries.
the government
In China, the government makes more business decisions.
a traditional economy
Who answers all economic questions in a command economy?
individual citizens
Converting currency makes it possible to buy and sell goods between nations with different types
quota
a tariff
It encourages trade between countries.
the government
In China, the government makes more business decisions.
a traditional economy
Which type of economic system is based on customs and beliefs?
individual citizens
Converting currency makes it possible to buy and sell goods between nations with different types
quota
a tariff
It encourages trade between countries.
the government
In China, the government makes more business decisions.
a traditional economy
Why is it important to have a system to convert from one currency to another?
individual citizens
Converting currency makes it possible to buy and sell goods between nations with different types
quota
a tariff
It encourages trade between countries.
the government
In China, the government makes more business decisions.
a traditional economy
Japan has limited its imports from China. This is an example of a(n):
individual citizens
Converting currency makes it possible to buy and sell goods between nations with different types
quota
a tariff
It encourages trade between countries.
the government
In China, the government makes more business decisions.
a traditional economy
How does specialization assist the economies of all countries?
individual citizens
Converting currency makes it possible to buy and sell goods between nations with different types
quota
a tariff
It encourages trade between countries.
the government
In China, the government makes more business decisions.
a traditional economy
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