This topic contains a solution. Click here to go to the answer

Author Question: Why did global firms not reject China's demand for investing in Chinese companies, so that China ... (Read 114 times)

FButt

  • Hero Member
  • *****
  • Posts: 519
Why did global firms not reject China's demand for investing in Chinese companies, so that China could move up the value chain?
 
  a. Because they wanted to avoid access to China's sizeable market
  b. In order to take advantage of China's cheap labor force
  c. So that China would buy billions of dollars' worth of U.S. government bonds that fund the U.S. budget deficit
  d. So that China could continuing taking advantage of the currency market.

Question 2

Which Chinese leader recognized that market forces were needed to foster economic growth in China?
 
  a. Mao Zedong
  b. Deng Xiaoping
  c. Chiang Kai-shek
  d. Sun Yat-sen



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lindahyatt42

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

b

Answer to Question 2

b





 

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

For a complete list of videos, visit our video library