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1 ) What agreement or treaty finalized the the political authority of the Eurogroup? When did this happen? 2) China relies heavily on a trade
1 ) What agreement or treaty finalized the the political authority of the Eurogroup? When did this happen?
2) China relies heavily on a trade surplus to support their economy. One of the ways they are able to lower the value of the currency is by forcing a surplus of yuan into the exchange market. This devalues their currency relative to the dollar and makes it cheaper to purchase Chinese goods. Do you think this is an unfair advantage for China? Do you think we benefit or lose more as a consequence? Let me know your thoughts.
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