Which of the Following Is a Potential Threat for a Country

question 12

Multiple Choice

Which of the following is a potential threat for a country like China whose strength lies in its abundant labour?

• A) Exploitation of comparative advantage.
• B) Rising exchange rate.
• C) Higher wages in other countries.
• D) Trade creation.

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Definitions:

Square Feet

Square feet is a measure of area used primarily in the United States, representing the size of a space equal to a square with sides of one foot in length.

Linear Model

A statistical approach to modeling the relationship between one or more independent variables and a dependent variable by fitting a linear equation to observed data.

Logarithm

The exponent by which a base must be raised to yield a given number, commonly used in mathematical and scientific calculations.

Maple Tree

A type of tree belonging to the genus Acer, known for its distinctive leaf shape and for producing maple syrup.