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Chinese Approach To Exchange Rates And Impact On Trade, Kimberly D. Scott
Chinese Approach To Exchange Rates And Impact On Trade, Kimberly D. Scott
Kimberly D Scott
The United States and China have embarked on considerable deliberation in the United States trade and the value of the Chinese currency among academics and politicians alike. Over the years, research on the two topics has consistently addressed the subject by investigating the equilibrium real exchange rate between the yuan (CNY) and the dollar (USD), with results exposing the undervaluation in the yuan since the 1990’s.