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REVIEW ON INTERNATIONAL MARKETS
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The oppositw of spend
save
The opposite of decreased
increased
The opposite of dispute
co-operation / agreement
The opposite of surplus
deficit
The opposite of upturn
slowdown / downturn
The opposite of free trade
protectionism
Americans have recently bought Chinese-made goods at low prices
True
The Chinese save less of their income than Americans
False: "China has also said the fact that Americans save much less of their incomes than the Chinese do has increased the trade deficit"
The US should recognize how much the CHinese currency has already risen against the dollar
true
The US and China should focus on the openness of their trading relationship
true
The US should argue for a stronger Chinese currency in order to reduce the US's trade deficit with China
False: "it should not argue for a stronger currency (...), since the value of the yuan is not the fundamental cause ..."
The US should be protectionist
False: "The US should focus on improving its overall economic competitiveness instead of seeking protectionism..."
The US should concentrate on being more competitive economically
true


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