China-1 Flashcards

1
Q

Dollar amount of US exports to china

A

$100 B

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2
Q

Dollar amount of Chinese imports from the US

A

$100 B

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3
Q

Dollar amount of US imports from China

A

$391 B

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4
Q

Dollar amount of Chinese exports to the US

A

$391 B

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5
Q

The difference between the dollar value of the countries exports and the dollar value of the country’s imports.

A

Trade deficit/ surplus

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6
Q

US-China trade deficit

A

-$291 B

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7
Q

China-US trade surplus

A

+$291 B

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8
Q

Formula for a trade deficit/surplus

A

Exports-imports

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9
Q

A good or service that goes out of the country

A

Export

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10
Q

Be good or service that comes into a country

A

Imports

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11
Q

US-China trade deficit 2011

A

$295 B

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12
Q

US-China Trade Deficit 2010

A

$273B

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13
Q

US-China Trade Deficit 2009

A

$226 B

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14
Q

US-China Trade Deficit 2008

A

$268 B

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15
Q

US-China Trade Deficit 2007

A

$256.2 B

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16
Q

US-China Trade Deficit 2006

A

$232.6 B

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17
Q

The decrease in the US-China trade deficit between years 2008 – 2009

A

$42 B

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18
Q

Caused the $42 B decrease in 2008-2009

A

Mortgage crisis

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19
Q

Fraction of people in the world wearing a Nike shoe

A

1/3

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20
Q

Used to be number one before Nike

A

Adidas

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21
Q

North American Free Trade Agreement

A

NAFTA

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22
Q

Countries involved in NAFTA

A

Canada, US, and Mexico

23
Q

Year NAFTA was passed

A

1993

24
Q

President that was behind NAFTA

A

Bill Clinton

25
Q

Trade without tariffs

A

Free trade

26
Q

Tax on imported goods

A

Tariff

27
Q

US has cornered this market in the world

A

Planes and trucks

28
Q

Owner of Nike

A

Phil Knight

29
Q

Mao Zedong proclaimed People’s Republic of China (PRC)

A

10/1/49

30
Q

Mao Zedong meets with US Pres. Richard Nixon in Beijing

A

1972

31
Q

Capital of China

A

Beijing

32
Q

Mao Zedong died of a heart attack at age 82

A

1976

33
Q

Mao Zedong was a founding member of the Chinese Communist Party

A

1921

34
Q

Mao Zedong launched the “Great Leap Forward”

A

1958

35
Q

Mao Zedong began the “Long March”

A

1934

36
Q

Mao Zedong began the “Cultural Revolution”

A

1966

37
Q

Leader of the nationalist and defeated by Mao Zedong and the communists in the Chinese Civil War

A

Chiang Kai-Shek

38
Q

M/D/Y Mao Zedong and the communist defeat Chiang Kai-Shek and the nationalists

A

10/1/49

39
Q

Island where Chiang Kai-shek and the nationalist fled to

A

Taiwan

40
Q

Year Chiang Kai-shek died in Taiwan

A

1974

41
Q

Year Mao Zedong invaded Tibet

A

1950

42
Q

Year Mao Zedong and 90,000 communists began the Long March

A

1934

43
Q

Miles that the Long March covered

A

6,000

44
Q

Number of years the Long March covered

A

2

45
Q

Chiang Kai-Shek left Mao Zedong and the communists to form the Nationalist Party

A

1927

46
Q

Great Leap Forward goals

A
  1. To modernize and industrialize China

2. Grow enough food to feed China

47
Q

Clean water, irrigation, cars, refrigerator

A

Modernize

48
Q

Moving people from rural to urban areas, having them work in factories and make things

A

Industrialize

49
Q

Did China modernize & industrialize?

A

Short term: yes

Long term: yes

50
Q

Did China grow enough food to feed China?

A

Short term: no

Long term: yes

51
Q

Mao Zedong’s view of ideological purity

A

Cultural revolution

52
Q

Mao’s goal of 100% believing 100% of communism

A

Ideological purity

53
Q

Cultural revolution success

A

Short term: no

Long term: no

54
Q

Using the military to restore power

A

Martial law