The Masstricht treaty set the budget ratio to GDP to be ________ ...

[iveyjurea]

The Masstricht treaty set the budget ratio to GDP to be ________ in order for countries to qualify to join the Euro area.
 
  A) below 60
  B) below 70
  C) below 80
  D) below 90

Question 2

Technological progress has played a very important role in China's economic growth. Where does the technological progress in China come from?
 
  What will be an ideal response?

[fromAlphatoOmega22]

Answer to Question 1

A

Answer to Question 2

There are two major channels. First, China has transferred labor from the countryside, where productivity is very low, to industry and services in the cities, where productivity is much higher. Second, China has imported the technology of more technologically advanced countries.