2. The US and China are trading partners and have Flexible exchange rates. The US currency is the dollar and the Chinese currency is the yuan. (a) Suppose the exchange rate between the dollar and the yuan is 1 dollar - 50 yuan. What is the price of a US Computer in yuan if the computer cost 1,100 dollars in the US? (b) Assume that the inflation rate increases in China. Identify what will happen to the net financial flows between the US and China. (c) Draw a correctly labeled graph of the foreign exchange market for the dollar and show the effect of the inflation rate in China on the value of the dollar (d) Based solely on the change in the exchange rate identified in part ( C ), what will happen to China's exports to the US? Explain