A U.S. firm plans to shift from exporting to production in China to serve the Chinese market. Which of the following statements would best explain this decision?
A) China's currency is appreciating relative to the U.S. dollar.
B) The firm is nearing capacity utilization in its U.S. plant.
C) The company need not alter its products for the Chinese market.
D) Transportation costs have become low relative to production costs.
B
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In November 2005, MTV world launched MTV chi, a channel catering to Chinese teenagers who live in the United States. Those teenagers represent MTV's ___________________
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Betty is beneficiary of a $15,000 deed of trust on a single-family home located in Long Beach, California. Trustor Milo made $2,000 in payments, then defaulted. At a trustee's sale, the property sold for $10,000, resulting in a $3,000 deficiency. In California, a deficiency judgment cannot be obtained:
A: If the security is a purchase-money trust deed; B: If remedy of trustee's sale is used; C: If fair market value of the property exceeds the amount due on the trust deed; D: In any of the above situations.