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1 year ago

5. Successive US administrations have accused the Chinese government of manipulating their currency (Yuan) to

1 answer:

5 0

A weaker Yuan against the US dollar makes Chinese exports cheaper, increases demand, and makes US exports to China more expensive, thereby reducing the demand for US exports.

<h3>What is international trade?</h3>

International trade is the global exchange of goods and services among countries of the world, involving the use of the foreign exchange.

The three types of international trade are:

Export Trade
Import Trade
Entrepot Trade.

Thus, by manipulating the Yuan, the Chinese government ensures that it has a more competitive advantage over the United States in international trade.

Learn more about Chinese Yuan Manipulation at brainly.com/question/27858412

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1 year ago

A non-linear production possibilities model assumes that

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3 years ago

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Explain how a stream sorts rocks?

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2 years ago

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Answer:

Differential revenue from further processing:

= $11.80.

Explanation:

a) Data and Calculations:

Cost of production of an unfinished desk = $35.65

Selling price of an unfinished desk = $64.20

Selling price of a finished desk = $76.00

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Differential revenue $11.80

Differential cost per desk:

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