chinese currency

Manufacturers in the US want China to increase the value of the yuan. They say China undervalues their currency making their products cheap, thus undercutting American business. Some believe that this is why Americans are losing jobs. Wal-Mart and others believe it is a good thing though because it keeps prices low for the products they sell. Is low yuan value good for the US because of low prices or is it costing too many Americans their jobs? Use Google to search the subject of currency manipulation for additional information to debate this topic.


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