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USA VS CHINA Flashcards | StudBud

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USA VS CHINA

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Questions 5

Answers

1
What is the name of the Chinese economic model?
Socialism
capitalism
economi mixt
Communism
2
Which of the following statements about the U.S. economy is correct?
The United States dominates world manufacturing more than China.
The U.S. dollar is no longer important in the global economy
The United States has a trade deficit with China.
China is winning in the economy
3
The United States leads in artificial intelligence and has a trade deficit with China.
True
False
4
What technological innovations are Americans leading the way?
Manufacturing and hardware
Software and artificial intelligence
Renewable energy
Advanced robotics
5
China surpassed the U.S. in trade volume in 2012, and by 2024, its trade reached $6.2 billones.
False
True