An article in the New York Times in 2016 notes that both Hillary Clinton and Donald Trump

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An article in the New York Times in 2016 notes that both Hillary Clinton and Donald Trump “want to label China as a currency manipulator.”

a. What is a currency manipulator? Why would China want to manipulate its currency?
b. What are the arguments for and against China having actually manipulated its currency?

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Money, Banking, and the Financial System

ISBN: 978-0134524061

3rd edition

Authors: R. Glenn Hubbard, Anthony Patrick O'Brien

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