1) Which groups within the United States are most likely to be harmed by Chinese currency manipulation to lower the value of the renminbi? Why? Are there U.S. groups that benefit when the renminbi is weaker relative to the dollar?

2) Why might China have decided at a certain point that changing course and propping up the value of its currency was in its economic interest?

3) When it comes to the role of international institutions, what are some arguments for their punishing currency manipulators? What are some arguments against their doing so?