Multiple Choice
The Apple iPhone is sold in a box labeled "Made in China." A study by economists at the Asian Development Bank found the value of the iPhone components China ________ U.S.firms is ________ the value of assembling the iPhones in Chinese factories.
A) exports to; equal to
B) exports to; greater than
C) imports from; less than
D) imports from; greater than
Correct Answer:
Verified
Correct Answer:
Verified
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