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Economics - Financial Markets 7 Online
OpenStudy (anonymous):

U.S. companies have made fewer manufacturing contracts with China in the last few years, preferring other countries in the region. Which of the following is a potential reason? (5 points) China has most-favored-nation trade status with the United States. China has large reserves of cheap labor and can produce inexpensive goods. China's standard of living has increased, and workers are requesting more pay. Shipping costs from China over the Pacific Ocean have decreased.

OpenStudy (anonymous):

I think its C not sure though.

OpenStudy (nurali):

i think China's standard of living has increased, and workers are requesting more pay.

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