Which of the Following Is Not a Reason Why China

question 97

Multiple Choice

Which of the following is not a reason why China is unlikely to maintain high enough rates of productivity growth to catch-up with the standard of living in Canada?

• A)Canada invests more in research and development than China does.
• B)Much of China's growth has likely been due to the transition from a centrally-planned economy to a market economy.
• C)Because of the low birth rate in China, the labour force will soon decline.
• D)There has been a migration of rural Chinese workers to more productive urban jobs.
• E)China integrates new foreign technology well but has not yet created much of its own.

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Definitions:

Net Advantage

A term used in various contexts to indicate the superiority or benefit achieved by one option over another, often evaluated in decision-making scenarios.

Annual Operating Costs

The yearly expenses associated with running a business, excluding costs associated with the production of goods or services.

Book Value

The net value of a company's assets subtracting the total liabilities, often used to assess a company's worth or the value of individual assets.

Salvage Value

The estimated resale value of an asset at the end of its useful life.