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

---

Definitions:

Voluntary Initiatives

Actions undertaken by individuals or organizations without legal obligation, often aimed at societal benefit or improvement.

Mistrust

Mistrust is a lack of trust or confidence in someone or something, often resulting from experiences of inconsistency or betrayal.

National Taxonomy

A systematic classification or arrangement of items, such as organisms or information, specific to a nation, used for standardized identification and understanding.

Exempt Entities

Organizations that are exempt from paying federal taxes under specific sections of the Internal Revenue Code, usually non-profit organizations.