Which of the following is not a reason why China is unlikely to maintain high enough rates of productivity growth to catch-up with the standard of living in Canada?
A) Canada invests more in research and development than China does.
B) Much of China's growth has likely been due to the transition from a centrally-planned economy to a market economy.
C) Because of the low birth rate in China, the labour force will soon decline.
D) There has been a migration of rural Chinese workers to more productive urban jobs.
E) China integrates new foreign technology well but has not yet created much of its own.
Correct Answer:
Verified
Q111: List four types of government policies that
Q242: Your friend does not understand the benefits
Q244: Increased foreign direct investment in India has
Q247: Political stability is not a prerequisite to
Q262: Which of the following is a normative
Q265: Not enforcing property rights in an economy
Q266: Which of the following policies are designed
Q268: The rapid growth of China's economy relative
Q269: What is "brain drain"?
A)the tendency for highly
Q271: How can freedom of the press promote
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents