UNIT 4 ECONOMY
1. President Clinton realized---as al of us must---- that today’s economy is global.
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2. 1977, the sum total of Chinese imports and exports was less than $15 billion, putting China’s share of
world at 0.6 percent. The most populous country in the world, China ranked a distant 30th among exporting
nations. By 1993 China’s exports and imports totaled nearly $200 billion.

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