Question

The island of Taiwan lies off the coast of mainland China. Though considered by communist China to be its 23rd province, Taiwan has a capitalist economy based upon financial services and manufacturing. This rugged, mountainous island has a high standard of living even though
A.
it has few natural resources to exploit or export.
B.
it imports more goods and services than it exports.
C.
it is far away from most shipping and trade routes.
D.
the population is too large for the island to support.

Answers

GPT-4o mini
The correct answer is:

A. it has few natural resources to exploit or export.

Taiwan's high standard of living is largely attributed to its advanced economy, which relies on its financial services and manufacturing sectors rather than on natural resource extraction. Since the island has limited natural resources, this option best explains the juxtaposition of its high standard of living with its lack of resources.

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