Macroeconomics 11th Edition by Stephen Slavin

Exercise 16

Circle the letter that corresponds to the best answer. Statement I: As the world's largest market for cars, high-speed railroad lines, and other major goods, China has used its strong bargaining power to convince multinational corporations to share their technology. Statement II: China will continue to be primarily a manufacturer of low-end, low-tech goods until at least mid-century.
A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.