6. Exercise 6.6 Suppose the current spot exchange rate for the Chinese yuan is USD 0.15 per CNY. If the domestic prices of traded goods rice 70%% over the next 10 years in China and 20%% over the same period In the United States, then, according to the relative purchasing power parity hypothesis, the spot exchange rate for the yuan in 10 years will be approximately: O USD 0.52 per CNY O USD 0.11 per CNY O USD 0.75 per CNY O USD 0.40 per CNY