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1.Several countries around the world are transitioning to market economies; the most significant of these are China and Russia. What do you think the impact will be on other countries around the world as these two countries become even more significant in the global economy? What are some examples of this impact? trade is as much a political issue as an economic one.  The decision to raise wages and/or lower trade barriers are political ones. How, for example, would the political decision to raise wages here affect international trade?

These are two discussion questions. They both have to have at least 100 words or more.