I. Answer the following questions based on the text. 1. What problem was caused by China’s growing trade surplus? It has caused friction with many of China’s trade partners and America is one of them. Reference I. Answer the following questions based on the text. 2. According to C. Fred Bergsten, what benefit will be brought by appreciation of the yuan? They believe the appreciation of the yuan can help US reduce its trade deficit with China and ease domestic inflation pressure. Reference I. Answer the following questions based on the text. 3. Why is the appreciation of the
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