China slowdown could bring good news Chinas economic slowdown could help reduce the cost of steel used
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China slowdown could bring good news China’s economic slowdown could help reduce the cost of steel used by U.S.
auto makers.
Source: The Wall Street Journal, September 8, 2015 Explain how an economic slowdown in China influences the global steel market. What happens to the equilibrium price of steel?
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Related Book For
Essential Foundations Of Economics
ISBN: 9781786633255
8th Edition
Authors: Robin Bade, Michael Parkin
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