Balance of Economic Power
- Created by: Katie Beaumont
- Created on: 29-05-17 15:08
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- BALANCE OF ECONOMIC POWER
- There have been SHIFTS in the BALANCE OF ECONOMIC POWER
- This has occurred in a WORLD that is MORE INTERDEPENDENT than ever before
- ECONOMIC RECOVERY in the USA is as IMPORTANT as in CHINA
- This is because CHINA HOLDS much of the USA's SOVEREIGN DEBT
- Therefore DEVELOPING NATIONS PROVIDE a MARKET for its manufacturing goods.
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