In expanding the research and knowledge of the ongoing relationship between the United States and China, write a paper to summarize currency market intervention and decide whether this is a useful tool. Explain your rationale.
Cite an example of how intervention has been used to benefit either of these countries and the circumstances surrounding this intervention. Did the United States or China succeed in their efforts? How is this known? Overall, do you believe this was a beneficial choice for the government and country? What data is your opinion based upon?