Which of the Following, If True, Would Strengthen the Argument

question 64

Multiple Choice

Which of the following, if True, would strengthen the argument for venturing into the Chinese market?

• A) The affluent Chinese middle class is large and is quick to adopt western lifestyles and product preferences.
• B) Growth in the United States cereal market continues to be strong.
• C) The Chinese fixed exchange rate regime may change, which could mean a stronger Yuan that would affect Chinese exports.
• D) Chinese food preferences are very slow to evolve.
• E) China recently signed a free-trade agreement with the Association of Southeast Asian Nations (ASEAN).

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Definitions:

Federal

Pertaining to the central government of a country, as opposed to local or state governance.

State

A politically organized territory with a permanent population, defined territory, government, and the ability to enter into relations with other states.

Regressive Tax

A tax system where the tax rate decreases as the taxable amount increases, leading to a higher tax burden on lower-income earners.

Sales Tax

A tax imposed by governments on sales of goods and services, typically a percentage of the sale price paid by the consumer.