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1. Should China revalue the yuan against the dollar? If so, what impact might this have on (1) US balance of payments, (2) Chinese balance
1. Should China revalue the yuan against the dollar? If so, what impact might this have on (1) US balance of payments, (2) Chinese balance of payments, (3) relative competitiveness of Mexico and Thailand, (4) firms such as Walmart, and (5) US and Chinese retail consumers?
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