The United States granted most favored nation trading status to China, which means that
A. Chinese tourists pay lower sales taxes when they visit the United States.
B. the United States has promised to aid China in its counter-terrorist activities.
C. China receives favorable trading treatment, such as the reduction of import duties.
D. more Chinese immigrants are allowed to enter the United States.
E. China and the United States have agreed to place a trade embargo on certain nations in Southeast Asia.
C. China receives favorable trading treatment, such as the reduction of import duties.
Most favored nation trading status describes a condition in which a country grants other countries favorable trading treatment, such as the reduction of import duties.
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Sue has a major store's credit card. On Monday she charged a $47.90 sweater and then lost the card. Myra found it Monday and charged a $100 scarf and $400 purse. Sue missed her card at 8 a.m. Tuesday and called the store. That day, Myra charged a coat for $4,000. Sue's bill was $4,547.90. Sue owes:
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