Devaluation effect some export in China
2012-5-21 View:
In USA the interest of deposit is almost 0% to speed up the spending and investment,
This year, In Brazil and India, their currency devaluation a lot, because Inida export is less than import, which called Unfavorable Balance 0f Trade, so the India rupee is weak,
For the developing countries, India should produce and export, because the labor work is relatively cheap in India as their population is big,
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