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The change in the exchange rate affects the national balance. In other words, a country with weak currency will experience a trade surplus because net
The change in the exchange rate affects the national balance. In other words, a country with weak currency will experience a trade surplus because net exports tend to be positive. This is why some countries including China have been engaged in regulation of their own domestic currency in the past. Do you support the idea of regulating domestic currency rate? Why, or why not?
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