Question

Why was joining the wto such a major step for china? Apex?

Answer 1

A. The Chinese were able to maintain their traditional secrecy.

B. The Chinese were able to create new trade policy.

C. The Chinese were forced to be more open about their economic actions.

D. The Chinese were forced to trade with Taiwan.

The answer is C

Answer 2

China joining WTO is a major step in its economic development. This is because it enabled China to capture many markets and attract foreign investment which contributed to the loss of millions of jobs in the Western World. As a result of opening its borders, China experienced unprecedented economic growth