All of the following are true of relations between China and the United Sates EXCEPT
a. since 1972, American policy has been to gradually engage the Chinese in diplomatic
and economic relationships in the hope of turning China in a more pro-Western
direction.
b. there are large and growing trade ties between the United States and China.
c. instead of goods and services, China has imported U.S. securities.
d. China exports substantially more goods and services to the United States than it
imports.
e. China was denied normal trade relations (NTR) status by the United States, which
has hurt their relationship.
Which of the following independent regulatory agencies was the first one created by
Congress?
a. The National Wildlife Service.
b. The Federal Reserve.
c. The Department of Health and Human Services.
d. The Office of Management and Budget.
e. The Interstate Commerce Commission.