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4. Why do you think the Chinese government originally pegged the value of the yuan against...

4. Why do you think the Chinese government originally pegged the value of the yuan against the U.S. dollar? What were the benefits of doing this to China? What were the costs? What do you think the Chinese government should do? Let the float, maintain the peg, or change the peg in some way?

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Rahul Sunny answered 2 years ago
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