Author Question: In China, export processing zones can only be established within existing economic and technological ... (Read 27 times)

Yolanda

  • Hero Member
  • *****
  • Posts: 757
In China, export processing zones can only be established within existing economic and technological development zones.
 
 Indicate whether the statement is true or false

Question 2

In many developing countries, even in countries with a greater access to hard currency (primarily due to the export of natural reserves), governments actually mandate countertrade as a form of payment for firms purchasing imported goods.
 
 Indicate whether the statement is true or false



blakcmamba

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

T
EPZs are established only within existing economic and technological development zones.

Answer to Question 2

T
Governments use countertrade as a way of improving trade deficits and supporting developing industries. Even in countries with a greater access to hard currency, governments do not wish to remain dependent on one or two industries (e.g., petrol and diamonds) and continue to mandate countertrade arrangements.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

For a complete list of videos, visit our video library