Friday, June 11, 2010

Unit 1: China's trade surplus increases

This BBC clip rports a rising trade surplus in China

http://news.bbc.co.uk/1/hi/business/10285591.stm

a) Why has the trade surplus increased?
b) Discuss the likely effect on the surplus if the Chinese currency appreciated
c) Discuss the likely effect on the surplus of a rise in Chinese labour costs

No comments: