The Chinese government has been accused of manipulating the

Last updated: 2/18/2023

The Chinese government has been accused of manipulating the value of its currency keeping it artificially low in order to give the country an export advantage Some economists feel that the yuan is valued at 20 less than it should be compared to the U S dollar At the exchange rate of one yuan 0 186 dollar a 28 000 car would cost approximately 150 538 in yuan If the exchange rate was adjusted the equation y 4 3 d can be used to convert dollars to yuan How much would that affect the price of that car in China Rounding to the nearest yuan the car would cost yuan less if the exchange rate were adjusted