Many of the Same Asian Countries That Are Major Exporters

question 14

Multiple Choice

Many of the same Asian countries that are major exporters to the United States are also significant importers of American goods because:

• A)their rising standards of living enable their people to afford more imported products.
• B)they are purchasing large amounts of capital goods to further their industrial expansion.
• C)they are importing raw materials and components that will be assembled and subsequently be exported,often to the U.S.
• D)of their rising standards of living,their purchasing of large amounts of capital goods and their importing raw materials and components.
• E)they are purchasing lesser amounts of capital goods to hinder the industrial expansion. Many of the same Asian countries that are major exporters to the United States are also significant importers of American goods because of their rising standards of living,their purchasing of large amounts of capital goods and their importing raw materials and components.

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Definitions:

Assignee

A person to whom an assignment is made.

Assignor

The maker of an assignment.

Donee Beneficiary

A third party who benefits from a contract made between two other parties, intended by those parties to receive a benefit from the contract.

Delegation of Duty

The act of assigning responsibility or authority from one person to another to perform a specific task or duty.