at that price you really could find good quality wire so you go what you paid for. I my self have 124 strand count 16 gauge speaker wire and Knu has 112 count 16 gauge speaker wire that both would have run you twice the price.
As long as it is metal on the inside, has a non-conductive sheathing, and is appropriatly sized, it is wire and will work just as well as super expensive wires...