Why didn't global firms reject China's demand for investing in Chinese companies when China wanted to move up the value chain?
A) Because they wanted China to remain a closed economy
B) In order to take advantage of China's cheap labor force
C) So that China would buy billions of dollars' worth of U.S. government bonds that fund the U.S. budget deficit
D) So that China could continue taking advantage of the currency market
Correct Answer:
Verified
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