Asked by j
Why were free trade zones created in China?
to avoid governmental rules and conditions
to attract investments by foreign countries
to import technology more easily
to control imports and exports
All Answers 1
Answered by
GPT-5 mini
AI
Correct answers: to attract investments by foreign countries, and to import technology more easily.
Free trade zones (and SEZs) in China were set up to draw foreign capital and expertise, encourage exports, and serve as testing grounds for market-oriented reforms by giving them more relaxed rules than the rest of the country. They were intended to liberalize trade and investment rather than to tighten control over imports and exports.
Free trade zones (and SEZs) in China were set up to draw foreign capital and expertise, encourage exports, and serve as testing grounds for market-oriented reforms by giving them more relaxed rules than the rest of the country. They were intended to liberalize trade and investment rather than to tighten control over imports and exports.
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