Case Study: Do Yuan to Buy Some Renminbi?
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For this activity, you will apply analysis to a real-world scenario by answering questions about the Chapter 9 Closing Case Study: Do Yuan to Buy Some Renminbi?
Please read the case study carefully and respond to the following:
- Research the Chinese Yuan and discuss its importance in the global economy.
- Looking at China’s current economy, discuss their exchange rate and the impact it has had on the foreign direct investment (FDI) in their country.
- What restrictions does the government have in place to restrict free trade?
- Discuss whether the Chinese Yuan is being used more in global transactions.
The analysis is to be completed in current APA format with references. You are expected to go outside of the textbook for additional references to support your comments.
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