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Mrac [35]
3 years ago
12

How does chinas economy affect the united states?

History
2 answers:
Rainbow [258]3 years ago
5 0
Chinese manufacturing also lowered prices in the United States for consumer goods, dampening inflation and putting more money in American wallets. At an aggregate level, US consumer prices are 1 percent - 1.5 percent lower because of cheaper Chinese imports.
Ksju [112]3 years ago
3 0

In short, China can continue to contribute to the growth of our external trade and our economic welfare associated with trade. Because China is an efficient producer of a wide range of commodities, imports from that country may also contribute to low price inflation in the United States.

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