From 2006 to 2013, the IMF wanted China to allow much more exchange rate flexibility between the
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Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...
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China was very dependent on exports for its economic growth If the y...View the full answer
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Related Book For 
Managing in a Global Economy Demystifying International Macroeconomics
ISBN: 978-1285055428
2nd edition
Authors: John E. Marthinsen
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