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Paul J

Trade Deficit Spikes on Increased Purchases from China - 0 views

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    This article is of great interest to us as it demonstrates a very recent development in a relationship that we discuss constantly in economics, this being the trade relationship in between China and the United States. In the article we learn that the notorious trade deficit between the two nations actually widening more than was expected, and the numbers pertaining to the deficit are stunningly large. 
Paul J

Need for import substitution - 0 views

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    This article is of great interest to us for a variety of reasons. Firstly, it is filled to the brim with information regarding the need for import substitution, providing us with a real-world example in Pakistan. Also, it is important because it discusses debt and the looming possibility of defaulting on debt, which is something that has become a hot-button issue in the US economy as of late, given the importance of the debt ceiling.
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