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.
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Answer:
(Decrease, Increase)
Explanation:
When the government formulates and implements policies aimed at increasing equality, the society will experience a reduction in the level of efficiency. For example, an increase in income tax on wealthiest Americans, and redistribution of the tax revenue to the poorest Americans would may discourage the wealthy from taking more income-generating activities which create jobs, this is not optimal. At the same time, this policy would reduces the peoples’ incentive to work hard to earn their own money.
I believe the answer to your question may be providing unequal services. Let me know if you need any more help.
I believe that the best method to maintain stability is to <u>start small </u><u>and then </u><u>grow</u><u>. </u>
<h3>Problems with starting out large</h3>
- Lack of experience in managing problems that may arise.
- Less loyalty due to upper management being far from lower employees.
- Less chances of discovering competitive advantage.
When one starts small and grows however, they will be able to deal with problems as they come and gain the experience necessary to overcome such problems.
They will also discover their competitive advantage during growth which they can then leverage on as they grow to become even more competitive. Growth also allows management to be more in tune with lower employees as they would be hired gradually.
In conclusion, starting small and growing is key.
Find out more about competitive advantage at brainly.com/question/16101275.
