International Trade of China's Rare Earth
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In Chapter 10 of your International Trade textbook, there is a Headlines segment titled "China Signals Support for Rare Earths." Please read this article in your textbook and then do further research on the 17 rare earth minerals that are discussed in the article. Explain what China is doing with the rare earth industry and come up with a proposal to counter China's actions. Does the U.S. have an extensive rare earth industry, and if not, what would you do to grow this industry and protect it? Your case study should be at least 500 words in length. All sources used, including the textbook, must be referenced;
paraphrased and quoted material must have accompanying citations.
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The review into international trade dealing with China rare earth minerals dominance position within the marketplace.
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1. "China Signals Support for Rare Earths." Please read this article in your textbook and then do further research on the 17 rare earth minerals that are discussed in the article. Explain what China is doing with the rare earth industry and come up with a proposal to counter China's actions.
Try and think the dominate position of China within the Rare Earth Minerals in the world now up to 97% compared to other nations. China 17 rate earth miners started over two decades ago, in which, the dominance progressed from that point when (a) other countries manufacturing slowed (b) the availability of natural and rare minerals depleted - that caused the current day dominance in the marketplace. Focus on the concept that China's actions deals with the managing aspect of a major global position to create demand on their terms - leading to profitability long-term. Further, the China mission hones on advancing their country as the sustainable resource for the rare earth minerals even into the future as its resources ...
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