Why Didn't Global Firms Reject China's Demand for Investing in Chinese

question 41

Multiple Choice

Why didn't global firms reject China's demand for investing in Chinese companies when China wanted to move up the value chain?

• A)Because they wanted China to remain a closed economy
• B)In order to take advantage of China's cheap labor force
• C)So that China would buy billions of dollars' worth of U.S. government bonds that fund the U.S. budget deficit
• D)So that China could continue taking advantage of the currency market

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Definitions:

Involuntary

Actions or reactions that occur without conscious decision, often reflexive or automatic responses to stimuli.

Elisabeth Kübler-Ross

A psychiatrist known for developing the Kübler-Ross model, outlining the five stages of grief experienced by terminally ill patients.

Dying

The process of ceasing to live, resulting from the irreversible end of biological functions that sustain life.

Leading Causes

The primary factors or conditions responsible for a certain outcome or event, such as diseases leading to mortality.