Discussion on international financial management

Reference no: EM13116590

Some critics, particularly U.S. politicians, have argued that China is keeping the exchange rate of its currency (the yuan) artificially low as a form of trade protectionism resulting in large trade surpluses with the U.S. China might argue that its large trade surpluses with the U.S. is due mostly to the very low factor costs in China compared to the U.S.

Reference no: EM13116590

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