What was the exchange rate policy adopted by China until July 2005? Explain how it worked. Draw
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What was the exchange rate policy adopted by China until July 2005? Explain how it worked.
Draw a graph to illustrate your answer.
China’s designation as a currency manipulator has been officially removed by the Trump administration.
As part of a new trade deal, China and the United States agree they will not devalue their currencies to achieve trade advantages.
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