One of the criticisms against china

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Reference no: EM131848183

1. As discussed in class, one of the criticisms against China is that it deliberately keeps its currency value low against the U.S. and other developed nations, and thus amasses a trade surplus and foreign exchange reserves. According to this criticism, China is acting as a

mercantilist.

neo-mercantilist.

regional dominator.

trade monopolist.

capitalist.

2. Lugnow Inc. paid a sum of $76,000 to an official in the government of Nepotismia to ensure that the company obtained exclusive preferential treatment. The $76,000 can be classified as

customs duties.

excise taxes.

speed money.

bribe.

repatriation fees.

Reference no: EM131848183

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