Read the article from the link below.
https://www.cfr.org/blog/chinas-coming-current-account-deficit (Links to an external site.)
After reading the article make a summary of no more than 500 words. To do an effective summary, you must make a choice on what information you include and which you leave out, so that you don’t exceed the word limit.
Begin by stating what is the main hypothesis/claim of the article and discuss the facts and arguments presented to support the main hypothesis.
Then discuss your own thoughts on the perspective for the future of China’s current account balance. What policy would you recommend? Give a brief justification for your recommendation (please try to use mostly economic arguments, use references!).
Tips for writing a Summary
Start by looking at the text overall structure.
Read the introduction for the main claim and the conclusion to see what was the article’s contribution to understanding the main claim or hypothesis.
Find points supporting the main claim. The first sentence is typically enough to get the general meaning of a paragraph.
An effective summary:
Conveys the basic point of the text in a short and easy to understand format.
Only includes content from the original text
Does not include quotes or citations
Does not include your opinion.
Sample Solution
Precognition is another part of ESP. Most cases of precognition come down to anecdotes that are not being scientifically tested. A majority of the time the event or experience that the person believes they had precognitive knowledge comes down to be a coincidence, brought upon them by chance and the law of truly large numbers. The law of truly large numbers is the explanation for many things that seem to have some unexplainable connection and are an odd coincidence. There is an extreme lack of scientific evidence to support precognition. Many examples are people who claimed to have known that they knew about major events such as 9/11, but there is no way for them to prove those claims. Many of the arguments brought up in support are arguments to ignorance, since most evidence in support of precognition is anecdotal there is no way to disprove it. This leaves precognition in an unfalsifiable state until rigorous scientific trials have been done to record data to either prove or disprove this facet of ESP. The issue with getting this objective scientific data is that it is hard to find a way to reliable and accurately test precognition. Generally, precognition had been tested with Forced-Choice Precognition Tasks. These tests were performed quite similarly to the later psychokinesis trials. However, in this case, rather than using their abilities to change the outcome of the computer’s choice, the participant will predict the choice that the computer will randomly make. The computer will have several stimuli to choose from and as soon as the participant makes their choice the computer will then randomly pick a stimulus. Many studies that attempted to prove the existence of precognition did not find any consistent results. In order to keep the idea of precognition alive, its advocates stated that the reason no scientific studies could record and consistent data proving precognitions reality is because it is a “random phenomenon”. With precognition being random, it leaves it in a completely unfalsifiable state by any sort of controlled scientific testing. No matter how much data can