What are some of the disadvantages to Chinas pegging of the yuan to the U.S. dollar?

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What are some of the disadvantages to China’s pegging of the yuan to the U.S. dollar?

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The Economics of Money Banking and Financial Markets

ISBN: 978-0321785701

5th Canadian edition

Authors: Frederic S. Mishkin, Apostolos Serletis

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Question Posted: Nov 09, 2018 12:19 PM

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What are some of the disadvantages of China's pegging the yuan to the dollar?
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What are some of the disadvantages to Chinas pegging of the yuan to the U.S. dollar?

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There are several disadvantages to Chinas exchange rate str...View the full answer

The Economics of Money Banking and Financial Markets

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