Countries, such as the United States, have expressed concern that China artificially devalues its currency. The concern is the devaluation puts an automatic discount on Chinese-produced goods, giving Chinese producers an advantage in international markets.
Evaluate the effect an artificially low exchange rate has on both China and the countries it trades with.
Discuss the benefits to a country of having a strong currency.
Your posts must conform to APA guidelines in the CSU Global Writing Center.
Be sure to include in your initial post at least one reference using the CSU Global Library or other professional and scholarly references. The Economics Library Guide is a good tool to use to start your research (sources such as The Balance, EconomicsHelp.org, Investopedia, and other help websites are not acceptable).
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