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Because the economic and monetary policy in one market can now directly affect change in another market due to the global environment, understanding this interconnected framework is vital to understand how China has used its own monetary policies to affect international change. Many countries whose economies do not need to experience significant growth to measure real growth rates, the exchange rate of a given country can have a great impact on the character of economic expansion...

Many countries whose economies do not need to experience significant growth to measure real growth rates, the exchange rate of a given country can have a great impact on the character of economic expansion. Analysts have observed that for many countries the 1990s, for example, ended with no real growth in disposable incomes over the entire decade for many leading markets (“Globalization”)...

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