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Globalization

Please answer the following question below. I’ve attached a similar answer to help guide you but I also have the source information attached to answer in full detail. Please let me know if you have any questions.

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Why is China considered a major player in apparel production? How does artificially devaluing and inflating its currency (the Yuan) help China? Give two examples, one where devaluing the Yuan and one inflating the Yuan has created an advantage for China and has hurt the export/import country. Use a citation from Rosen along with an outside source to defend your answer. 

 

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