Which Is True Regarding the Effects of the Original SEZs

question 93

Multiple Choice

Which is true regarding the effects of the original SEZs and development zones in China?

• A) They have failed by inability to draw a skilled labor force.
• B) They have brought about increased migration and outside investment.
• C) They have not experienced the expected growth from migration and investment.
• D) They have failed in their purpose due to increased competition with major growth poles.

---

Definitions:

Perfectly Price Discriminate

A theoretical pricing strategy where a seller charges the maximum possible price that each consumer is willing to pay.

Economic Loss

The financial loss incurred when the cost of producing a good or service exceeds the revenue gained from selling it.

Widgets

A generic term used to describe a hypothetical product or manufactured good.

Rent-Seeking Behavior

Efforts focused on expanding an individual's portion of current wealth without generating additional wealth, frequently via altering the economic landscape.