Which of the Following,if True,would Strengthen the Argument for Venturing

question 42

Multiple Choice

Which of the following,if true,would strengthen the argument for venturing into the Chinese market?

• A) The affluent Chinese middle class is large and is quick to adopt western lifestyles and product preferences.
• B) Growth in the United States cereal market continues to be strong.
• C) The Chinese fixed exchange rate regime may change, which could mean a stronger Yuan that would affect Chinese exports.
• D) Chinese food preferences are very slow to evolve.
• E) China recently signed a free-trade agreement with the Association of Southeast Asian Nations (ASEAN).

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Definitions:

Otto von Bismarck

A German statesman who served as Prime Minister of Prussia and was the first Chancellor of the German Empire, known for his role in the unification of Germany.

East Africa

A region of Africa that includes countries along the eastern coast and nearby islands, known for its diverse cultures, languages, and ecosystems.

Karl Peters

A German colonial ruler, associated with the establishment of German East Africa, and known for his aggressive and brutal methods of colonization.