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One Reason China Has Been Able to Grow So Rapidly

Question 108

Multiple Choice

One reason China has been able to grow so rapidly even though its financial development is still in its early stages is ________.


A) the high savings rate of around 40 percent
B) the shift of labor to the agricultural sector
C) the stringent enforcement of financial contracts
D) the ease of obtaining high-quality information about creditors

Correct Answer:

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