Blaney Blog 3 Economics
The foreign exchange rate for 1 US dollar is about 6 Chinese - Yuan and 7 Hong Kong- Dollars. Currently, the American currency has a stronger purchase power against China. In addition, I learned from Mr. Kelly – Our tour guide - when China had a medical disease outbreak it halted the tourism industry and created an unemployment rate of 8% for the country....As you can see, I spent my money on photo shots of me in Chinese traditional wardrobes!!!
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