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Watch Video:https://youtu.be/ezY33u8V8V8 Answer questions below: What do you think about China's currency manipulation? is it good or bad for us here in the U.S.? why or why not If we lower the value...

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Watch Video:https://youtu.be/ezY33u8V8V8
Answer questions below:
  1. What do you think about China's currency manipulation? is it good or bad for us here in the U.S.? why or why not
  2. If we lower the value of the U.S. dollar, what would be the implications for American exporters?
  3. If we increase the value of the U.S. dollar, what would be the implications for American importers?
  4. If the value of the U.S. dollar drops, what would be the implications for U.S. importers?
Answered Same Day Sep 03, 2022

Solution

Perla answered on Sep 04 2022
60 Votes
Foreign exchange and cu
ency values
1. China being labelled as cu
ency manipulator is not completely true, for instance, Treasury did not consider China as cu
ency manipulator in May, 2019, owing to the fact that it has not cu
ent account surplus as well has not intervened in the recent years with the foreign markets to drawn in unfair advantage to yuan. So as of now it only sounds political to call China a cu
ency manipulator. Well if it really involves into the Cu
ency manipulation, to boost its exports, it can be bad for US as its competitive position in the global market as an exporter will...
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