Open-door Policy (Noun)
Meaning
The policy of granting equal trade opportunities to all countries.
Classification
Nouns denoting communicative processes and contents.
Examples
- The country adopted an open-door policy to boost its economy by attracting foreign investors and increasing international trade.
- China's open-door policy has led to significant economic growth and transformed the country into a major global trading power.
- The open-door policy allowed the country to expand its exports and imports, resulting in increased economic cooperation with other nations.
- The government's open-door policy has been instrumental in promoting foreign investment and stimulating economic development.
- The open-door policy has enabled the country to integrate into the global economy and become a key player in international trade.