QUESTION IMAGE
Question
a student is researching the chinese governments 1992 shift to a market economy that emphasizes trade liberalization. one means of trade liberalization involves expanding from ordinary imports into an emphasis on processing imports, which have two types - processing with assembly (in which a firm obtains raw materials from a foreign trading partner without payment and sells the final goods to that partner, charging for assembly) and processing with inputs (in which a firm expands capital to buy raw materials from a trading partner, processes them into final goods, and sells those goods to whichever trading partner it chooses). the student asserts that while initial efforts at trade liberalization were impeded by chinese firms limited capital, this was resolved during the 2000s. imports (in hundreds of millions of dollars) import types 2000 2003 2006 ordinary imports processing with assembly processing with inputs which choice best describes data from the graph that support the students assertion? a) processing imports with inputs were greater than both ordinary imports and processing imports with assembly in 2006. b) from 2000 to 2006, processing imports with inputs rose much more sharply than processing imports with assembly did. c) from 2000 to 2006, neither processing imports with inputs nor processing imports with assembly were greater than ordinary imports. d) processing imports with assembly were greater than processing imports with inputs in 2006 than processing imports with inputs in 2000.
By observing the bar - graph, we can see that for the years 2000 - 2006, processing imports with inputs were greater than both ordinary imports and processing imports with assembly.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
A. Processing imports with inputs were greater than both ordinary imports and processing imports with assembly in 2006.