Social Studies, 22.03.2020 17:49, krystalhurst97
In years past, the government of China attached the value of China’s currency (the Yuan) to the value of the U. S. dollar. This meant that big changes in the U. S. dollar’s exchange value were reflected in the value of the Yuan, and the exchange rate between the two countries did not change much. What effect would this have on trade between China and the United States?
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