1. China has one of the fastest-growing economies in the world. China joined the WTO in 2001. How does WTO membership help China's booming economy? How might it also hinder future growth?

Verified Answer :

The U.S. helps China by providing new markets for its
goods.  It encourages other countries to
engage in business transactions with China.
This gives the Chinese more business opportunities to uplift its
economic status.  However, recently the
country’s economic growth has slowed down due to a recession.