1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Charra [1.4K]
3 years ago
9

Examine and analyze the codependent markets of industrial economies with export economies. Of the two, who benefits from this sy

mbiosis?
History
2 answers:
asambeis [7]3 years ago
4 0

Answer:

Increasingly reliant on each other for sustainable economic growth, the United States and China have fallen into a classic codependency trap, bristling at changes in the rules of engagement. The symptoms of this insidious pathology were on clear display during Chinese President Xi Jinping’s recent visit to America. Little was accomplished, and the path ahead remains treacherous.

Codependency between America and China was born in the late 1970s, when the US was in the grips of wrenching stagflation, and the Chinese economy was in shambles following the Cultural Revolution. Both countries needed new recipes for revival and growth, and turned to each other in a marriage of convenience. China provided cheap goods that enabled income-constrained American consumers to make ends meet, and the US provided the external demand that underpinned Deng Xiaoping’s export-led growth strategy.

Over the years, this arrangement morphed into a deeper relationship. Lacking in saving and wanting to grow, the US relied increasingly on China’s vast reservoir of surplus saving to make ends meet. Anchoring its currency to the dollar, the Chinese built up a huge stake in US Treasuries, which helped America fund record budget deficits.

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.

aivan3 [116]3 years ago
3 0

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.

You might be interested in
During World War II, German<br> composer Richard Strauss
dimaraw [331]

Answer:

He is known for his operas, which include Der Rosenkavalier and Salome; his lieder, especially his Four Last Songs; and his tone poems Death and Transfiguration, Till Eulenspiegel's Merry Pranks, Also sprach Zarathustra, An Alpine Symphony, and other orchestral works, such as Metamorphosen. He was a German composer, conductor, pianist, and violinist. Considered a leading composer of the late Romantic and early modern eras, he has been described as a successor of Richard Wagner and Franz Liszt.

6 0
2 years ago
Approximately when did the ocean become an important area of study?
lora16 [44]
It was approximately 200 years ago that the ocean became important area of study
4 0
2 years ago
Read 2 more answers
The Megan Carta led to the creation of Parliament, England's
Helga [31]
The Magna Carta led to the creation of Parliament, England's LEGISLATIVE BRANCH. hope this helps !
8 0
2 years ago
Read 2 more answers
Hey this is for my final exam in history i just need some background information not an actual essay. Thanks!
Lostsunrise [7]

Answer:

Revolutionary Period (1764-1789) Defending the Colonies against attack by the French and others had cost the British a great deal of money. As a result, the British had very high taxes in their country. They thus decided to shift some of their financial burden to the colonists.

Explanation:

What are the 3 major revolutions in order?

This course considers the literature, culture, and politics of three major revolutions in the Atlantic world at the close of the eighteenth century: the American revolution, the French revolution, and the Haitian revolution.

What is the important things in revolutionary period?

This lesson summarizes six foundational documents from the Revolutionary Period: the Declaration of Independence, the Articles of Confederation, the U.S. Constitution, the Federalist Papers, The Alien and Sedition Acts, and the Fugitive Slave Act of 1793.

5 0
1 year ago
Why did containment become US policy and it’s main priority during the Cold War?
givi [52]

Answer:

The strategy of containment is known as the cold war foreign policy of the united states and its allies to prevent the spread of communism after world war 2 ended.

Explanation:

7 0
3 years ago
Other questions:
  • Which foreign country touches both montana and idaho?
    11·1 answer
  • How did the sales approach change after mulcahy became the ceo of xerox?
    5·1 answer
  • What was George Washington's primary goal as commander-in-chief of the Continental Army?
    11·1 answer
  • What banking reform finally gave the nation a flexible money supply
    12·1 answer
  • Why did many European countries experience economic growth while their
    10·1 answer
  • The defeat of president franklin d. Roosevelt's "court packing" plan by congress is an example
    6·1 answer
  • So this question is worded weirdly and I don't know what it means.
    10·1 answer
  • How did the Cherokee transform their society to resemble the United States? Check all that apply.
    7·1 answer
  • ___ desired to protect authors through copyright laws.
    11·1 answer
  • Identify two effects of the Glorious Revolution on the<br> English monarchy.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!