Explanation:
Read the source given below and answer the questions that follow:(1X4=4)
In Pakistan, General Pervez Musharraf led a military coup in October 1999. He
overthrew a democratically elected government and declared himself the ‘Chief
Executive’ of the country. Later he changed his designation to President and in
2002 held a referendum in the country that granted him a five-year extension.
Pakistani media, human rights organisations and democracy activists said that the
referendum was based on malpractices and fraud. In August 2002 he issued a
‘Legal Framework Order’ that amended the Constitution of Pakistan. According to
My Answer: Jews and Christians.
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The merchants cover the vast area of the Silk Road in the large caravans.
<h3>What was the Silk Route?</h3>
Silk Route refers to the path through which the silk was carried from China to Western world and many regions of Asia. It was conducted at the time of the medieval ages between the Roman Empire and China.
Large caravans carried traders and merchants. They would be accompanied by numerous guards.
Defending against bandits was made easier when traveling in a large group like a caravan. Because a large portion of the road passed through desolate, difficult terrain, camels were frequently used as transportation.
Learn about Silk route here:
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Answer:
Codependency in market can be afflicted by a unique pathology, which can lead to either economies felling cheated or overburdened.
Explanation:
A good example of codependent markets is market between the United States of America and Peoples' Republic of China.
America as industrial economy with high consumption rate has savings problems and has relied on Chinese surplus savings to shore up her budget deficits overtime
China has increasingly turned to America for as her sustenance and anchor her economic development strategy on America. On the other hand America needs China for economic growth.
Over time America has relied on the vast saving from China to grow her economy, leading to most Chinese buying up American treasuries and other securities. America, unconsciously and systematically outsourced her basic production lines to China and import basically everything from china. At the same time providing China with the technology and strategy to grow her economy.
The whole world tends to depend on China for most of commodities. China has vast exporting machines and has also advanced rapidly in science and technology. Employment grew in China as well as consumption rate. Now China sits at advantage of having export ability and local consumption economy.
This is not going down well with America, resulting in many trade wars and imposition of tariffs to Chinese goods. America had wanted China to be part of the Briton Woods of global lending economy due to her surplus savings, but China has decided to go the way of Silk road fund and others.
Finally, of the two economies, the export economies benefits most from the symbiotic relationship between the industrial economies and export economies.
