Discuss the significance of currency wars in the context of global economic growth.
Yale's Roach Says China Is Not Manipulating Currency
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The video features Steve Roach discussing the topic of currency manipulation, particularly focusing on China's currency practices. It explains the metrics used by the US Treasury to determine currency manipulation and concludes that China is not manipulating its currency. The discussion also touches on the Trump administration's preference for a weaker US dollar and the concept of currency wars, highlighting their relevance in a low-growth global economy.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
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3 mins • 1 pt
What does the speaker imply about the relationship between currency strength and competitive advantage?
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