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SE MN | “Chinese tariff's are mainly to bring in revenue, and protect industries already in China. “ Sorry for the density, just trying to make sense of this quote from your earlier post.
Could you elaborate on how a country’s weaker currency negatively affects export demand for commodities that country produces? Is that why China pegs the yuan to the dollar? Because a weaker currency is bad for exports?
I have to confess, I am not up to date with the TPP. Were there any concerns about job losses to other countries with relaxed worker rights and environmental protections? | |
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Real world economics
