CURRENCY EXCHANGE RATE SYSTEM

This piece of writing will going to present the Currency Exchange Rate System happening in some countries like US, China, UK, and other Asian countries (Japan, China, Hong Kong, Korea, etc) and how the floating of exchange rate system affects them. Without US retailing its own version, labor would not be motivated to earn in other countries and that is why most countries depend in US, except The China’s Central Bank which is unwilling to accept command from the US, partly some of inherent protection to Western imperialism, rather chose to act according to its own will state key findings in the paper. This argument is concretized how the government created their own internet search engine to filter down political and “destructive” global information.

 

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