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China in the world economy: This question asks you to consider the effect of China's economic growth on the United States and the rest of

China in the world economy: This question asks you to consider the effect of China's economic growth on the United States and the rest of the world.

(a) What are some of the benefits of Chinese economic growth for the rest of the world?

(b) What are some of the potential costs?

(c) What are your thoughts about how we can ensure that the benefits outweigh the costs?

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