ECO 202 - Manufacturers in the US want China to increase
Question # 00554227
Posted By:
Updated on: 06/29/2017 06:47 AM Due on: 06/29/2017
Discussion Board Question in APA Format:
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.
- Discuss whether low yuan value is good for the US because of low prices or
- If it is costing too many Americans their jobs.
- Do some research on the subject of currency manipulation for additional information to debate this topic.
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Rating:
5/
Solution: ECO 202 - Manufacturers in the US want China to increase