The Commerce Department says 5.4 million manufacturing jobs left the U.S. between 2000 and 2009 tosettlein lower-wage destinations such as China, India and other parts of Southeast Asia.
Such agreements allow central banks to swap currencies and can be used by firms tosettle trade in local currencies rather than in US dollars, as happens now, since China's currency is not fully convertible to other currencies.
Such agreements not only allow central banks to swap currencies, but can also be used by firms tosettle trade in local currencies rather than in US dollars, as happens now, since China's currency is not fully convertible to other currencies.