How does China undervaluing its currency affect the global economy?
Research how values of currencies affect other currencies, international trade, and the global economic situation. How do currencies play a part in economic systems? Why are currencies bought and sold on the market? How does a currency lose/gain value (inflation/deflation)? How can a currency’s value be controlled?
- Research China’s situation with its currency. What is its value tied to, and how does China control that value? How does China undervaluing its currency affect the global economy?
- Create a flow chart illustrating how China undervaluing its currency affects global economy