3. Which of the following is the current economic model of China? a. capitalist state economic policy b. Socialist state economic policy c. Communist state economic policy d. capitalist market economy e. Socialist Market economy 4. What is the US's biggest economic dilemma when it comes to China? a. China's support for regional development b. The USA has the largest share in Chinese exports. c. China's technological development d. Large US firms to set up factories in China despite the fact that the US does

3. The correct answer is e. Socialist Market economy. China's economic model is a unique blend of socialist and market principles, where the government plays a significant role in guiding the economy while also allowing for private enterprise and market forces.<br /><br />4. The correct answer is c. China's technological development. The US's biggest economic dilemma with China is related to China's rapid technological advancements and its impact on the global economy. This includes concerns about intellectual property protection, technology transfer, and the potential for China to become a leader in advanced technologies, which could challenge US dominance in certain sectors.