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Exchange Rate Risk: The Dollar Vs Yuan

Exchange Rate Risk: The Dollar Vs Yuan

Submitted by • August 1, 2013 customwritingtips.com

In 2011, the United States trade deficit was 248 billion dollars with China accounting for 37 percent (Reuters, 2012). It is not a question that China’s currency is a manipulation. China acknowledges that its desire is a gradual appreciation of Yuan, and, so, it intervenes whenever the currency experiences a sudden, sharp rise in value.

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