Graph 8-2
-According to Graph 8-2, the benefits to the government (total tax revenue) is:
Definitions:
Trade Deficit
A situation where a country imports more goods and services than it exports.
Exchange Rate
The price of one currency in terms of another for conversion purposes.
Yuan
The official currency of the People's Republic of China.
Economic Growth
An increase in the production of goods and services in an economy over a period of time, typically measured by GDP.
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