The Chinese government has loosened control of its economy and is actively pursuing economic growth.As a result,foreign trade has surpassed US$1.4 trillion in China.Why has this growth raised concern for U.S.officials?
A) Too many Chinese citizens are leaving China for other opportunities.
B) Trade with China is undermining U.S. trade relations with other Asian nations.
C) Trade with China accounts for the largest share of the overall U.S. balance of trade deficit.
D) The increase in demand for Chinese goods in the United States is causing the price of these low-cost goods to rise rapidly, fuelling inflationary pressure in the United States.
Correct Answer:
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