In 2001,the U

question 73

Multiple Choice

In 2001,the U.S.agreed to support China's entry into the World Trade Organization.Under a special "safeguard provision" of that agreement,American companies or workers harmed by imports from China can ask the government for protection by demonstrating that

• A) imports from China pose a hazard to the health of American citizens.
• B) China is competing unfairly or selling its products at less than their true cost.
• C) products that are allegedly "made in China" are actually made in a different country.
• D) American producers have suffered a "market disruption" or a "surge" in imports from China.

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Definitions:

Competitor

An entity that is in the same industry or market and vies for the same customers or resources.

Capital-Intensive

Describing industries or businesses that require a significant amount of capital investment to produce goods or services.