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Assignmnet is focused on the imbalance with China
I Need a few sources and 2 full pages or 700 words.
Discuss whether there are connections between the global imbalances of payments and the financial crisis 2007-2009. If there are connections between the global imbalances of payments and the financial crisis 2007-2009, what US and other countries’ policies such as China contributed to the global imbalance of payments and to the financial crisis 2007-2009?
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China was hyper-affluent in terms of foreign exchange reserves and successfully ensured the strategic investments of those reserves. China along with other countries in surplus, bought government bonds belonging to US, which stimulated the reduction of interest rates and persistence over a long period of time.
I do not understand the question. I attached the Question and requirment prior to payment. The question is below 2 pages 700 words with 2-3 references. The question is in the body below.
The rest of the assignmnet is focused on the imbalance with China so I would like to leep that in mind. I Need a few sources and 2 full pages or 700 words.
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