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1

Mr Smith cites economist Menzie Chinn in support of the point that a yuan appreciation would benefit both parties .

Smith 引用经济学家 MenzieChinn 的观点来支持人民币的升值对中美双方是双赢的之一观点。

2

A great picture from Menzie Chinn shows that in the world , like in the textbooks , the trade balance depends on the exchange rate .

来自 MenzieChinn 的图片显示：现实社会的贸易平衡和书本中的一样，取决于外汇率。

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