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QUESTION 15 10 points 4 Former US President Donald Trump has previously accused China of Devaluing the yuan, in order to make their exports more

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QUESTION 15 10 points 4 Former US President Donald Trump has previously accused China of Devaluing the yuan, in order to make their exports more attractive to the market. Required: A. Differentiate between devaluing a currency and the deprecation of a currency. (3 Marks) B. What levers did China have to accomplish this task?. (3 Marks) C. Discuss the impact of currency devaluation on Chinese resident's purchasing power, when it comes to purchasing domestic products. (4 Marks) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). m S Paragraph Arial 10pt V V

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