1. 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?
2. 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?
3. Create a flow chart illustrating how China undervaluing its currency affects global economy