1. The Economics of the United States and China
... obstacles in its upward economic trajectory, particularly given its low levels of personal spending, dependence upon exports and with political concerns about its human rights record and government corruption. The United States remains one of the most powerful nations in the developed world. Its per capita GDP is $49,800. However, this figure alone does not explain the ... shortages, and sizable current account and budget deficits - including significant budget shortages for state governments" (USA, 2013, CIA Fact Book). But despite the political divisions riddled through its government...
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- Grade Level: High School