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If the current spot exchange rate of U.S. dollars for Chinese yuan, S US/C , is .1463 (or 15 for 1 yuan), and the price
If the current spot exchange rate of U.S. dollars for Chinese yuan, SUS/C, is .1463 (or 15 for 1 yuan), and the price of goods made in China increase by 8%, while the American CPI is 5.6%, calculate the change in spot exchange rate of American dollars for Chinese yuan.
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