Why is the United States not particularly vulnerable to potential Chinese trade embargoes?
a. It maintains a trade surplus with China, which gives it greater leverage in trade wars.
b. China cannot risk a retaliatory trade embargo because it is too dependent on U.S. exports.
c. WTO legal responses against a trade embargo could bring European trading partners into the trade war.
d. Japan is too closely allied with the United States for China to risk a retaliatory trade embargo against its goods in Japan.
e. It could compensate for the potential loss of Chinese goods by purchasing them elsewhere.
Answer: e
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