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The Apple IPhone Is Sold in a Box Labeled "Made

Question 45

Multiple Choice

The Apple iPhone is sold in a box labeled "Made in China," but a study by economists at the Asian Development Bank found that the actual percentage of the price of the iPhone accounted for by the only work done in China,which is assembly,is


A) 4 percent.
B) 12 percent.
C) 25 percent.
D) 65 percent.

Correct Answer:

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