Three Hot Issues in 2008 Were the Undervalued Chinese Currency,the

question 6

True/False

Three hot issues in 2008 were the undervalued Chinese currency,the ban on beef imports into Japan,and Chinese subsidies in apparent violation of WHO rules.

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Definitions:

Foreign Investment

Investment by individuals or companies in assets or businesses located in another country.

Duty Drawbacks

Duty drawbacks are refunds of customs duties paid on imported materials that are later exported, either in the same or a modified form, encouraging international trade.

Foreign Corrupt Practices Act

A United States federal law that aims to prevent the bribery of foreign officials for business purposes and ensure accounting transparency.

Bribery Charges

Legal accusations against individuals or entities for offering, giving, receiving, or soliciting something of value to influence actions or decisions of officials or representatives.