Question: Based on the above table, in 2015 , is dollar (USD) overvalued or undervalued against yuan (CNY)? Explain your answer. Calculate the value of real

 Based on the above table, in 2015 , is dollar (USD)

Based on the above table, in 2015 , is dollar (USD) overvalued or undervalued against yuan (CNY)? Explain your answer. Calculate the value of real exchange rate between yuan (CNY) and dollar (USD), qY/$ yuans per dollar? Based on the above table, in 2015 , is dollar (USD) overvalued or undervalued against yuan (CNY)? Explain your answer. Calculate the value of real exchange rate between yuan (CNY) and dollar (USD), qY/$ yuans per dollar

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