Two Major Events That Occurred in 2000 Are Having a Profound

question 26

Multiple Choice

Two major events that occurred in 2000 are having a profound effect on China's economy. One of these is the United States' granting normal trade relations (NTR) to China on a permanent basis (PNTR) . Which of the following is the other one?

• A) Inclusion in the board of the World Bank
• B) Admission to the World Trade Organization
• C) Signing of the new ASEAN pact
• D) The handover of Honk Kong from the British to China
• E) Inclusion of Hong Kong as a special administrative region (SAR) of China

Analyze the effects of the gold standard on international monetary policies and exchange rates.

Identify the influence of foreign investment on U.S. interest rates and asset ownership.

Examine the reasons behind the U.S.'s status as the world's leading debtor nation.

Discuss the relationship between trade deficits, current account deficits, and the overall balance of trade.

---

Definitions:

Service Quality

An assessment of how well a delivered service matches the customer's expectations, including aspects like reliability, responsiveness, and empathy.

Selling Process

A series of steps taken by a salesperson to persuade potential buyers to purchase a product or service, beginning with prospecting and concluding with closing the sale.

Service Quality

The perception of the degree to which a service meets or exceeds customer expectations.

Body Language

Non-verbal communication through gestures, expressions, and bodily movements.