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  1. Mitch2
    Guest
    #1

    Exclamation Global Money System

    I am having trouble with this question:
    Over the last decade, many foreign firms have invested in China and used their Chinese factories to produce goods for export. If the yuan is allowed to float freely against the US dollar on the foreign exchange markeys and appreciates in value, how might this affect the fortunes of those enterprises?


    • Join Date: Oct 2006
    • Posts: 19,434
    #2

    Re: Global Money System

    And what exactly is your problem with it?

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