Monday, May 12, 2008

Unit 3: Inflation in China

From the BBC comes an article and a video about rising inflation in China article video

a) What evidence is there from the 2 sources of cost push and demand pull elements to the inflation?
b) What is meant by the quote "China will export its inflation" and what effect will this have on the UK?
c) What actions could the Chinese govt take to try and reduce the inflation rate

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