Exchange rate with the dollar constant

Assignment Help Business Economics

Reference no: EM13815154

The Chinese have at times held the yuan (the Chinese currency also called a renminbi, {pronounced "RNB" which is slang like a buck or clams for US currency}) exchange rate with the dollar constant. This fixed exchange rate has caused the United States to accuse China of undervaluing it's currency to keep exchange rates favorable for China. Undervalued currency keeps exports from China desirable to the US consumer. How and why this process works and helps China to be one of the largest exporters in the world?

Reference no: EM13815154

Questions Cloud

Federal reserve expand and contract the money supply : Why does the Federal Reserve expand and contract the money supply? What are the four ways the Federal Reserve accomplish this task? How do each of the methods accomplish the intentions of the Fed? Which method(s) is most important/desirable? Which me..

Differences in between securitization and selling used cars : "Loans are just like used cars. If you see an ad in the paper for a used car, you have to wonder, why is the owner selling it? Maybe there is something wrong with the care that is hard to see. As a result, when you approach the seller, you will want ..

How transparent should an organization be : What about media, watchdog groups, and governmental regulators?) and how transparent should an organization be if it wants to be viewed as ethically grounded and socially responsible?

What are the characteristics of the program : Select a prison special offender population and research a program aimed to assist or care for that population. What are the characteristics of the program? How has the program affected the special offender population in that prison

Exchange rate with the dollar constant : The Chinese have at times held the yuan (the Chinese currency also called a renminbi, {pronounced "RNB" which is slang like a buck or clams for US currency}) exchange rate with the dollar constant. This fixed exchange rate has caused the United State..

Actions to someone who is unfamiliar with economics : Maria is a hostess at a local restaurant. When she earned $8 per hour, she worked 35 hours per week. When her wage increased to $10 per hour, she decided to work 40 hours. However, when her wage increased again to $12 per hour, she decided to cut bac..

Write a direct and concise thesis statement : Write a direct and concise thesis statement, which will become the point or perspective you will argue or prove in the Final Research Project.

What is net present value of investment-What was that worth : ESPN currently pays the NFL $1.1 billion per year for eight years for the right to exclusively televise Monday Night Football. What is the net present value of this investment if the parent Disney Company has an opportunity interest rate equal to its..

What contributed to rise of your royal state : What contributed to rise of your royal state and how did your monarch justify his/her power? How did you and your fellow countrymen participate or react to these changes and why?

User Account

All Pages