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AlexFokin [52]
4 years ago
5

Reword this please?

History
1 answer:
uranmaximum [27]4 years ago
8 0
A quickly again population: China is going to be the first major economy to go dull before if gets rich, putting huge strains on people in the working age who are going to have to pay for health care and pensions for a disproportionate number of elderly citizens who do not work. For a nominally socialist county, the weave for china's social safety is very loose and horribly frayed in some parts. Most notably their healthcare system. This can be often cited as a major cause of the pretty high savings rate. Something that often chockes off consumption and adds to the imbalance in China's economy.
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1- Higher interest rates in a country --- More foreign investment in a country

2- Higher currency value  --- Decrease in exports

3- Lower currency value  --- Increase in exports

4-  More people adopting foreign clothing styles --- Cultural imperialism

5-  decrease in exports -> lower currency value

6-  more foreign investment in a country  -> higher interest rates in a country

7-  cultural imperialism  -> more people adopting foreign clothing

8-  increase in exports -> higher currency value

Explanation:

1- The higher the interest rates in a country, the greater the benefit that it pays to foreign investments; therefore, at a higher interest rate, more foreign investment in that country.

2- The higher the valuation of the currency in a country, the less competitive the currencies of the other countries. Therefore, the higher the value of the currency of a country, the lower the amount of exports, since the rest of the currencies would lose purchasing power.

3- The lower the valuation of the currency in a country, the more competitive the currencies of the other countries will be. Therefore, the lower the value of the currency of a country, the greater the amount of exports, since the rest of the currencies would gain purchasing power.

4- Cultural imperialism refers to all forms of ideological imposition developed through the media and other forms of cultural production in order to establish the values of a dominant society in a certain peripheral or dependent society.

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