For the couple of decades, China has been grown around 10%/year, but recently the growth has fallen
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For the couple of decades, China has been grown around 10%/year, but recently the growth has fallen to 6%. US, for instance, has been growing at around 2%/year. Why slowdown in china would be a concern for US? If prices in China fall because of slowdown, would it hurt or help US? Explain.
Related Book For
Macroeconomics Principles Applications And Tools
ISBN: 9780134089034
7th Edition
Authors: Arthur O Sullivan, Steven M. Sheffrin, Stephen J. Perez
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