Examlex
All of the following are correct about China at the end of the nineteenth century except
Tariffs
Taxes imposed by a government on imported goods to protect domestic industries or raise revenue.
International Trade
The exchange of goods, services, and capital between countries and territories.
Economically Advanced
Describes countries or regions with high levels of income, sophisticated infrastructure, and a diverse economy, often synonymous with developed countries.
Wage Rates
The standard amount of compensation an employee receives from an employer in exchange for labor, usually expressed per hour or year.
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