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ECO 202 - Manufacturers in the US want China

Question # 00557401
Subject: Economics
Due on: 07/06/2017
Posted On: 07/06/2017 06:08 AM

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Manufacturers in the US want China to increase the value of the yuan. They say China undervalues their currency making their products cheap, thus undercutting American business. Some believe that this is why Americans are losing jobs. Wal-Mart and other companies believe it is a good thing because it keeps prices low for the products they sells.

  1. Discuss whether low yuan value is good for the US because of low prices or
  2. If it is costing too many Americans their jobs.
  3. Do some research on the subject of currency manipulation for additional information to debate this topic.

Tags china want manufacturers products currency yuan americans jobs prices good value believe china discu costing sells keeps thing research board subject debate topic information additional manipulation question companies cheap undercutting want making undervalues

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