Developing Economy Application - China Flashcards
1
Q
Give some examples of tariffs
A
$110bn on US goods
2
Q
Give an example of a subsidised industry
A
Electric cars, 25000 yuan (about $3700 per car)
3
Q
What is the largest export and how much does it account for of total exports?
A
Electrical machinery, $664bn and 26.6% of total exports
