Social Studies, 24.03.2021 03:00 Corgilover1234
In years past, the government of China attached the value of China’s currency (the Yuan) to the value of the U. S. dollar. This meant that big changes in the U. S. dollar’s exchange value were reflected in the value of the Yuan, and the exchange rate between the two countries did not change much. What effect would this have on trade between China and the United States?
The cost of exporting American goods to China would become more expensive if the U. S. dollar was weak.
The cost of exporting American goods to China would become cheaper when the U. S. dollar was weak.
The cost of importing Chinese goods would become more expensive over time for Americans.
The cost of importing Chinese goods to the U. S. would not change greatly, even if the value of the U. S. dollar did.
Answers: 1
Social Studies, 21.06.2019 21:30, EMscary4996
Who established the peoples republic of china in 1949
Answers: 1
Social Studies, 22.06.2019 08:50, 20alondra04
In what ways are some local executive branches structured in a similar manner to state executive branches, and in what ways are some structured differently?
Answers: 2
In years past, the government of China attached the value of China’s currency (the Yuan) to the valu...
Biology, 11.10.2020 14:01
World Languages, 11.10.2020 14:01
Mathematics, 11.10.2020 14:01
Biology, 11.10.2020 14:01
Physics, 11.10.2020 14:01
Health, 11.10.2020 14:01