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ʺThe global financial crisis has had a considerable impact on Chinaʹs export growth, which will continue to show weakness with recession in the U.S. and Europe,ʺ said a report by JP Morgan & Co.
If Chinese exports continue to decline, the AE curve will shift __________, the price level will__________In the short run and real GDP will__________ in the short run.
Storm Surge
A storm surge is an abnormal rise of water generated by a storm, over and above the predicted astronomical tides.
Hurricane Effects
The impacts caused by hurricanes, including high winds, heavy rainfall, storm surges, flooding, and coastal erosion.
Wave-Cut Platform
A gently sloping surface or bench produced by wave erosion.
Bedrock
The solid rock layer beneath soil, loose rocks, or other surface materials.
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