1.
According to the article, what has helped manufacturing in China?
In 1990, Asia represented 26.5% of worldwide manufacturing output. By 2013, Asia’s share had jumped to 46.5%. The region’s share of the global trade in intermediate products that are ultimately assembled into finished manufactured goods rose from 14% in 2000 to 50% in 2012.
The availability of low-cost labor in China helped the manufacturing industry prosper beyond national boundaries. Significantly, half of Asia’s manufacturing output comes from China.
For emerging markets, exports still remain the surest way to success. However, unlike Asian countries, other nations cannot depend on manufacturing alone. Instead, they have to seek development through other sectors as well, such as agriculture and services.
In regions like South America and Africa, a more moderate set of regulations are needed for trade in services. Education must be a priority in government policies because a qualified workforce will be needed in countries that are attempting to break into global markets.
According to the article, what has helped manufacturing in China?
In 2013, what part of the worldwide manufacturing output came from Asia?
In 2012, what was China’s share in the global trade in intermediate products?
By 2013, Asia’s share had jumped to 46.5%.
In the above sentence, what does the word jump mean?
The availability of low-cost labor in China helped the manufacturing industry prosper beyond national boundaries.
In this sentence, what is the meaning of prosper?
Based on the information in the article, what do non-Asian countries need for economic prosperity?
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