If you were elected to choose between a fixed freely, Finance Basics

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If you were elected to choose between a fixed freely

Question: If you were elected to choose between a fixed, freely floating or dirty floating exchange rate system, which would you choose for your home country? Why? China has a fixed exchange rate for the yuan (the currency they use for foreign trade). Many people argue that the yuan is overvalued. What impact does this have for US trade with China. Explain your answer.

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Finance Basics: If you were elected to choose between a fixed freely

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Finance Basics: If you were elected to choose between a fixed freely

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