China’s Central Bank Dumping US Dollar in the Currency Market
China’s Central Bank dumped the US dollar in the currency market for three consecutive days in December this month. The Chinese…
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A market economy is an economic system in which the decisions regarding investment, production and distribution are guided by the price signals created by the forces of supply and demand. The major characteristic of a market economy is the existence of factor markets that play a dominant role in they allocation of capital and thae factors of production.
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