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Beveridge considers China a market ____. China is a customer to the US.

a) for exports
b) for imports
c) for investment

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User Burtlo
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1 Answer

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Final answer:

Beveridge views China as a market for American exports, verified by China's position as the third-largest U.S. export market, underscoring the deep economic ties and interdependency between the U.S. and China.

Step-by-step explanation:

Beveridge considers China a market for exports. China's role as the United States' third largest export market, with exports to China having grown significantly over the past decade, indicates that China is a major destination for American goods. This relationship reflects the considerable impact China has on the U.S. economy, not just as an export market, but also because Chinese investors are significantly involved in the U.S. economy, lending money to the United States government regularly.

The historical pursuit of the "China Market," stems from a long-standing western desire to tap into the vast potential consumer base that China represents, a potential that has been recognized since the age of exploration. The ongoing economic engagement with China is an integral aspect of U.S. economic strategy and highlights the complex interdependency between the two nations.

answered
User Subanki
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