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exehange rate is 6 9 Chinese yean per dollar, purchasing power parity perdicts that A ) the youan is undervalied. B ) the dollar is
exehange rate is Chinese yean per dollar, purchasing power parity perdicts that
A the youan is undervalied.
B the dollar is usektvalood.
C the yuan is overvalued.
D both the dollar and the yaua are uralervaluod.
Table
tableScenariotableCument interestmate UStableCurrent inserestrate JapanCurrent exchange rate,tableExpected exchangeraie in yearAsin
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