what gives us the right... |
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what gives us the right... |
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![]() Senior Member ![]() ![]() ![]() ![]() ![]() Group: Member Posts: 811 Joined: Apr 2004 Member No: 11,377 ![]() |
y does America try to control other countries...i mean we want them to be free...but like Japan, we dont let them have weapons...dont get me wrong i know its for our protection...it just seems like we alwayz get exactly what we want, and when we dont...there goes a war
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#2
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![]() Quand j'étais jeune... ![]() ![]() ![]() ![]() ![]() ![]() ![]() Group: Staff Alumni Posts: 6,826 Joined: Jan 2004 Member No: 1,272 ![]() |
China's fixed currency was meant to boost up its exports in hope of a long-term gain, I think, because they're cheaper goods to sell. But doesn't that mean that their currency can't appreciate therefore hurting their economy in the short-term?
EmeraldKnight: I think it's sort of like this: the exchange rates of the Euro and the dollar changes/fluctuate everyday (appreciate/depreciate). However, that doesn't seem like the case for China, who has a fixed exchange rate. So, their goods will still be cheaper/more affordable for other countries to import. Correct me if I'm wrong, but isn't this suppose to hurt the economy? How come it's said that China is doing well? And tying this back to topic (almost), doesn't this hurt their trading partners' domestic industries (which, obviously, include the US)? |
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