China Has Surpassed the United States in Exporting Information-Technology Goods,such

question 30

True/False

China has surpassed the United States in exporting information-technology goods,such as laptop computers,mobile phones,and digital cameras.

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Definitions:

Medieval Times

A historical period in Europe spanning roughly from the 5th to the late 15th century, characterized by feudalism, manorialism, and the prevalence of knights and castles.

Goldsmiths' Safes

traditionally were used by goldsmiths in medieval times to store gold and valuable items, marking an early form of banking.

Financial Institutions

are establishments that provide financial services to its clients or members, including banks, credit unions, insurance companies, and investment firms.

Reserve

Assets held back or saved for future use or to meet unforeseen needs, often referring to banks' reserves of cash.