Which of the following statements about the mercantilist industrial policies of China and Japan is accurate?
A) Both Japan and China adopted mercantilist policies in response to Western imperialism.
B) Mercantilist policies have led to "crony capitalism" in Japan but not in China.
C) China pursued its mercantilist policy under the slogan "rich country,strong military."
D) Both Japan and China's mercantilist policies accelerated economic growth,but also created incentives for collusion and corruption between businesses and the state.
Correct Answer:
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