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Medium term impacts of increasing conflict over trade

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Discussion Thread Eleven:

In 1980 Brazil, Russia, India and China were all very different both economically and politically than they are today. In real terms all four countries were much much worse off economically. What macroeconomic or political forces led to the rise of the BRIC economies and what is the long term impact of their rise? Think about it from a Liberal, Structuralist, and Mercantilist point of view. Discussion Thread Twelve:Recently the US and China began a tit for tat "trade war." What might be the short to medium term impacts of an increasing conflict over trade between the US and China. Which country stands to fare better in the long run? Why?

Reference no: EM132437498

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