The exchange student's presentation to the Canadian university class is certainly increasing the students' knowledge of other capitalist systems."The government of our country," the student begins,"has been dismantling protectionist policies that created trade barriers with other nations.But we still need them to help limit the criminal activity of crime families that is often confused with the entrepreneurialism spirit,which is becoming increasingly valued in our country." The exchange student is from __________ where the ___________ model of capitalism is currently exercised.

Question

Quizplus · Accepted Answer

The mention of dismantling protectionist policies and the increasing value of entrepreneurialism spirit in the country suggests that it follows the frontier model of capitalism, which is characterized by free-market policies and minimal government intervention. Both China and Taiwan have adopted this model in recent years, but the mention of crime families suggests that the student is more likely from China. Family capitalism refers to a model where businesses are typically run by families, which is not mentioned in the student's presentation. Therefore, options A, C, and E can be eliminated.

The Exchange Student's Presentation to the Canadian University Class Is