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Develop countries of europe and the us

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Reference no: EM132228611

"Asia's welfare continues to depend on exports to the developed markets of Europe and the US, as well as to each other. When developed markets falter, Asian markets plummet." (Henny Sender in Financial Times, January 23, 2012). Intra-Asian trade has grown very substantially in recent years and most of Asia's trade is intra-Asian trade. If this is the case, do you agree with the statement that 'Asia's welfare continues to depend on exports to the develop countries of Europe and the US'? Use examples to support your answer

Reference no: EM132228611

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