China gives its aluminum industry an unfair advantage through underpriced loans and other illegal government subsidies. These

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“China gives its aluminum industry an unfair advantage through underpriced loans and other illegal government subsidies. These kinds of policies have disadvantaged American manufacturers and contributed to the global glut in aluminum, steel and other sectors.” Discuss both the economics and the political economy of this viewpoint.

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International Economics Theory And Policy

ISBN: 9781292409719

12th Edition

Authors: Paul Krugman , Maurice Obstfeld, Marc Melitz

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