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Question
In 2010, the PPP per capita of China was $7,640 and the PPP per capita of the United States was $47,360. This means that the:
A. GNI per capita was greater in China.
B. percent of goods and services consumed in the United States was lower.
C. standard of living in China was better.
D. cost of living was lower in China.
E. annual average GDP growth rate was lower in China.
Answer
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Related questions
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B. build large inventories.
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B. lower labor costs.
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D. sophisticated infrastructure.
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In recent years, the outsourcing decision in international businesses has gone beyond the manufacture of physical products to embrace the production of service activities.
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Q:
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Q:
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Q:
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A. contract
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B. paying the draft amount immediately.
C. providing a collateral for the amount specified in the bill.
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Q:
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Q:
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Q:
A lack of trust between two parties engaged in international trade is exacerbated by the:
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C. narrowing distance between the two parties due to technological advances.
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Q:
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Q:
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Q:
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C. The Federal Trade Commission
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