What was the exchange rate policy adopted by China after July 2005? Explain how it works. Chinas

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What was the exchange rate policy adopted by China after July 2005? Explain how it works.

China’s designation as a currency manipulator has been officially removed by the Trump administration.
As part of a new trade deal, China and the United States agree they will not devalue their currencies to achieve trade advantages.

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Economics

ISBN: 9781292433639

14th Global Edition

Authors: Michael Parkin

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Question Posted: Jan 27, 2024 10:02 PM

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What was the exchange rate policy adopted by China after July 2005? Explain how it works. Chinas

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After July 2005 China adopted a managed float exchange rate system This system is also referred to a...View the full answer

Economics

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