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8. Why would ChiN want its own currency to be undervalued relative to the U.S. dollar? How does ChiN maintain an undervalued currency?
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8. Why would ChiN want its own currency to be undervalued relative to the U.S. dollar? How does ChiN maintain an undervalued currency?

User Robbles
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Answer:

The Chinese government wish to keep the currency undervalued because: A weaker exchange rate makes exports more competitive and increases demand for Chinese exports. Chinese economic growth is dependent on exports, so the value of the currency plays a key role in boosting growth.

Step-by-step explanation:

User MisterStrickland
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