18.Recently China (i.e., Chinese consumers) became the single biggest market for luxury goods. This is best explained by _____.

A.China's rapid economic growth

B.China's high overall GDP

C.China's high disposable income per household

D.China's relatively equal income distribution

E.China's relatively unequal income distribution

19.According to the article, "Enter the Frappuccino Wallahs: Starbucks Comes To India," the Chinese _______.

A.pay more for a cup of Starbucks coffee than Americans on a PPP basis

B.pay more for a cup of Starbucks coffee than Americans on a market exchange rate basis

C.pay the same for a cup of Starbucks coffee as Americans on a PPP basis

D.pay less for a cup of Starbucks coffee than Americans on a PPP basis

E.pay the same for a cup of Starbucks coffee as Americans on a market exchange rate basis