GEOG 200 Lecture Notes - Lecture 26: Vatican City, World Trade Organization, Mao Zedong

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If spending usd in taiwan +good: strong currency vs another currency. If us wants to increase exports- if the value of the u d drops, that"s (cid:271)etter for people buying exports cheaper cause the exchange. 1949 revolution (mao tsetung) exile of roc government to taiwan. Both prc and roc claimed each as theirs. Taiwan has limited official recognition 22 countries of the worlds (un) : haiti -biggest friend, central african republic, honduras, guatemala, holy see vatican city. Taiwan is a de facto state but not de jure. 1996 issue- pr china fired missiles to taiwan- after this test us carrier group. 1979 usa recognized prc taiwan relations act (1979) if taiwan is attacked the usa will defend it. Since 1949 de facto two china communist vs. non-communist. Korean war started in 1950 not over, ended in an armistice (cease fire)

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